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New2 hours ago

1601 - 215 Queen Street W

Queen Street Corridor, Brampton

$328,000

Condo Apartment |
0 | 1 | 1 | 1
About this home

Welcome to Rhythm Condos & Lofts! This bright and stylish studio suite is an excellent opportunity for first-time homebuyers, investors, and those looking to own a modern condo in a highly convenient location. Featuring an open-concept layout, this sun-filled unit offers floor-to-ceiling windows, plenty of natural light, east-facing view, and an extra-large balcony. The suite features freshly painted walls, newly installed laminate, and a modern full-size kitchen with granite countertops and ample cabinetry. Enjoy the convenience of underground parking and a private locker, along with excellent building amenities including 24-hour security and a yoga/fitness room. Ideally located close to downtown Brampton, transit, Züm Bus, highways, shopping, parks, schools, and the Rose Theatre. Chinguacousy Park and other recreational amenities are also nearby, making this a fantastic location for both convenience and lifestyle.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size0-499 sq. ft.
Maintenance Fees$574
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,281
mls© NumberW14086230
Listed ByCITYSCAPE REAL ESTATE LTD.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$1,679
Property tax
$190
Heat allowance
$150
Condo fees, half counted
$287
Housing costs
$2,306 / mo

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

Down payment20% · $65,600
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,380 / mo
Cash down
$65,600

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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