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New3 hours ago

1506 - 308 Jarvis Street

Church-Yonge Corridor, Toronto

$314,900

Condo Apartment|Bachelor/Studio
0 | 1 | 0 | 0
About this home

Sold under POWER OF SALE. "Sold" as is - where is. Power of Sale Opportunity! The subject property is a studio condominium unit located in JAC Condos in downtown Toronto. The unit features an open-concept layout, floor-to-ceiling windows, laminate flooring, and modern finishes. The building offers amenities including a fitness centre, rooftop terrace, and 24-hour concierge service. The property is located near Toronto Metropolitan University, the Eaton Centre, public transit, restaurants, and other downtown amenities. The location provides access to post-secondary institutions, the Financial District, and other central Toronto destinations.Buyers are advised to conduct their own due diligence regarding the property and its features. A solid property in a sought-after location! MUST SEE! Power of Sale, seller offers no warranty. 48 hours (work days) irrevocable on all offers. Being sold as is. Must attach Schedule "B", "C" and "D" and use Seller's sample offer when drafting offer (copy in attachment section of MLS). No representations or warranties of any kind by seller/agent. All information to be independently verified. Taxes estimated per city website.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleBachelor/Studio
Approx. Age0-5
Size0-499 sq. ft.
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,323
mls© NumberC14123818
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Common Elements 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%
$1,612
Property tax
$194
Heat allowance
$150
Housing costs
$1,955 / mo

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

Down payment20% · $62,980
25-yr amortization

Income needed

$60,000

gross annual household income

Payment at 4%
$1,325 / mo
Cash down
$62,980

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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