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Listed 2 months ago

408 - 3560 St. Clair Avenue E

Kennedy Park, Toronto

$499,000

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

Spacious and meticulously maintained 2 bed, 2 bath corner penthouse condo in a newer boutique low-rise building just a 6-minute walk to Kennedy GO Station only approx. 26 minutes to Downtown Toronto! Located on the quiet side of the building, this bright suite offers peaceful tree-top and neighbourhood views from the private balcony. Exceptional value with 792 sq.ft. of functional living space. Thoughtfully designed open-concept layout featuring a great kitchen with ample prep and storage space for those who love to cook. Generous primary bedroom includes a private ensuite bath. Includes underground parking and a storage locker conveniently located on the same floor as the suite, a rare bonus! Well-managed building with excellent amenities including fitness centre, party room, rooftop terrace/BBQ area, bike storage, security entry, and visitor parking. Fantastic location with TTC subway, GO Transit, buses and future transit expansion all nearby. Close to shopping, grocery stores, cafes, restaurants, parks, trails, and community amenities. Great schools in the area make this an excellent option for first-time buyers, down-sizers, and investors alike. Incredible combination of space, convenience, transit access, and value in one ofScarborough's rapidly evolving communities.

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$638
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate
Property Tax$2,473
mls© NumberE13451118
Listed ByJOHNSTON & DANIEL DIVISION, ROYAL LEPAGE R.E.S. PROPERTIES INSTYLE
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%
$2,554
Property tax
$206
Heat allowance
$150
Condo fees, half counted
$319
Housing costs
$3,229 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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