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Listed 2 months ago

227 - 60 Fairfax Crescent

Clairlea-Birchmount, Toronto

$438,000

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

Welcome to this bright and functional 1+1 bedroom suite offering approximately 674 sq.ft. of thoughtfully designed living space, complete with a private balcony, parking, and locker for added convenience. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating a comfortable space ideal for both everyday living and entertaining. The original second bedroom has been converted into an open-concept dining area and can easily be converted back into a full-size bedroom if desired and make it 2+1 unit. The versatile den is spacious enough to accommodate both a bed and study desk, providing excellent flexibility for a home office, guest space, or additional sleeping area. Large windows allow for abundant natural light, while the balcony offers an inviting outdoor extension of the home. The unit also includes one of the best parking spots in the building, conveniently located directly across from the elevator. Residents enjoy excellent building amenities including a rooftop deck, party room, gym room, and meeting room, while being conveniently located approximately 15 minutes to the DVP and Hwy 401, and only 4 minutes to Warden Station. Ideally situated close to transit, shopping, dining, parks, and major amenities, this suite presents an excellent opportunity for first-time buyers, professionals, or investors seeking modern urban living in Toronto.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$628
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,187
mls© NumberE13221384
Listed ByCENTURY 21 KING`S QUAY REAL ESTATE INC.
Water Included
Heat Included
Parking Included
Common Elements Included
Building Insurance 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%
$2,242
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$314
Housing costs
$2,888 / mo

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

Down payment20% · $87,600
25-yr amortization

Income needed

$89,000

gross annual household income

Payment at 4%
$1,843 / mo
Cash down
$87,600

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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