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New11 hours ago

4703 - 488 University Avenue

Kensington-Chinatown, Toronto

$899,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

World-class award-winning landmark building at prime University/ Dundas Location in the heart of downtown Toronto, with direct access to St.Patrick Subway Station. Stunning sunfilled high-floor 2-Bed 2-Bath suite with non-obstructed views of the City and Lake Ontario. Magnificent view of the sunrise makes your days full of energy, joy, and inspiration. Great layout with 9ft high ceilings, floor-to-ceiling windows, and large balcony. Engineered hardwood flooring throughout. Stylish modern kitchen equipped with high-end built-in appliances, center island and stone counters. Spacious master with pre-installed organizer in walk-in closet, and spa-inspired ensuite. 5-star amenities including 24-hour concierge, indoor pool, skydeck, gym, spa, party room, yoga, and much more. Steps to U of T, TMU, OCAD, major hospitals, art galleries and museums, boutique stores, restaurants & pubs, financial district, movies and theatres, Eaton Centre, Queen's Park, College Park, and so on and on...

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$688
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,268
mls© NumberC13655138
Listed ByHOMECOMFORT REALTY INC.
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%
$4,601
Property tax
$356
Heat allowance
$150
Condo fees, half counted
$344
Housing costs
$5,451 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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