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Listed 2 months ago

905 - 2645 Kipling Avenue

Mount Olive-Silverstone-Jamestown, Toronto

$370,000

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

Affordable Toronto ownership with strong rental potential! This spacious 2-bedroom condo offers an excellent opportunity for first-time buyers, investors, downsizers, or buyers looking to expand their real estate portfolio. Featuring a functional layout with generous principal rooms, great natural light, a private balcony, and excellent potential to personalize, update, or add value over time. Currently tenanted, with the tenant vacating at the end of July, this suite offers flexibility for vacant possession, owner-occupancy, or future rental use. Located in an established Etobicoke community near Kipling & Finch, with convenient access to TTC, Etobicoke North GO, schools, parks, North Kipling Community Centre, Albion Centre, groceries, shopping, restaurants, Hwy 427, Hwy 27, 401/409, and Pearson. A smart opportunity for buyers seeking space, convenience, affordability, and long-term upside in West Toronto.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$500
LockerEnsuite
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$537
mls© NumberW13424926
Listed ByRE/MAX HALLMARK CHAY REALTY
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%
$1,894
Property tax
$45
Heat allowance
$150
Condo fees, half counted
$250
Housing costs
$2,339 / mo

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

Down payment20% · $74,000
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,557 / mo
Cash down
$74,000

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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