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New2 hours ago

1401 - 530 St Clair Avenue W

Humewood-Cedarvale, Toronto

$619,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Bright & spacious one bedroom plus den in a fantastic midtown location. Clear west-facing windows and a large balcony bring in great natural light and offer an unobstructed beautiful afternoon and sunset view.The large den works beautifully as a full-size dining room, home office, or additional living space, while the oversized kitchen offers full-size appliances, plenty of cabinetry and generous prep space. The spacious bedroom has two closets, including a walk-in. Ensuite laundry, a large front hall closet, one premium underground parking and an oversized locker provide plenty of additional storage.Enjoy 24-hour concierge, indoor pool, gym, meeting room and visitor parking. Steps to the St. Clair streetcar and St. Clair West subway, with great restaurants, cafes, grocery stores and everyday conveniences right outside your door.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$832
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,422
mls© NumberC14087182
Listed ByRE/MAX HALLMARK REALTY LTD.
Common Elements Included
Parking Included
Building Insurance Included
Heat Included
CAC Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,168
Property tax
$285
Heat allowance
$150
Condo fees, half counted
$416
Housing costs
$4,019 / mo

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

Down payment20% · $123,800
25-yr amortization

Income needed

$124,000

gross annual household income

Payment at 4%
$2,605 / mo
Cash down
$123,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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