| Common Elements Included | |
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509 - 297 College Street
Kensington-Chinatown, Toronto
$580,000
Freshly Painted Spacious One Bedroom Plus Den Condo Suite In The College Condominium at Spadina By Tribute Communities. Highly functional layout with 9Ft Ceiling. Galley Kitchen With Quartz Countertop, Kitchen cabinetry with taller uppers, Breakfast Bar, Upgraded Backsplash & Built-In Appliances. Functional Den That Can Be Used As 2nd Bedroom/Study/Office. Close To Uoft, Public Transit, Bank, Kensington Market, Shops, Restaurants & Many More. Direct access to T&T Supermarket which is on 2nd floor of building. Great Building Amenities: 24Hr Concierge, Gym, Roof Terrace with outdoor BBQ area, Media Room, Games Room & Guest Suite.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $504 |
| Locker | None |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,862 |
| mls© Number | C13650704 |
| Listed By | KW Living Realty |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,969
- Property tax
- $239
- Heat allowance
- $150
- Condo fees, half counted
- $252
- Housing costs
- $3,609 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,441 / mo
- Cash down
- $116,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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