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New3 hours ago

1003 - 280 Simcoe Street

Kensington-Chinatown, Toronto

$878,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

One Park Lane - where classic Toronto luxury meets unmatched space and serenity. Designed at the height of the city's iconic 80's condo era, this sun filled west facing 2 bed, 2 bath condominium offers the kind of generous layout you simply can't find today. Enjoy an oversized primary suite with walk in closet, an eat in kitchen, separate dining room, and a living room anchored by a rare wood burning fireplace. Steps to the Financial District, UHN hospitals, transit, and everything downtown. Resort style amenities include an indoor pool, gym, billiards room, party room, and a rooftop terrace with BBQs and skyline views. A true classic in the heart of the city.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size1400-1599 sq. ft.
Maintenance Fees$1,184
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,512
mls© NumberC13842640
Listed ByRE/MAX ABOUTOWNE REALTY CORP.
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$4,494
Property tax
$376
Heat allowance
$150
Condo fees, half counted
$592
Housing costs
$5,612 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $175,600
25-yr amortization

Income needed

$173,000

gross annual household income

Payment at 4%
$3,695 / mo
Cash down
$175,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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