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New2 hours ago

1601 - 60 Queen Street E

Kensington-Chinatown, Toronto

$640,000

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

UNDER CONSTRUCTION! Tridel's Queen Church building is a 57-storey sharp looking condo residence located in downtown premium location that offers unparalleled convenience, remarkable amenities, modern finishes, and flexible open-concept layouts. Near perfect transit and walk scores. Large co-work spaces, BBQ area, party room. S1 Design, Studio, approx. 412 sqft. as per builder's plan. Occupancy Summer 2028.!Prices shown reflect the estimated net Ontario Enhanced New Home Rebate ("ENHR") amount. Actual purchase prices, taxes payable, and rebate eligibility will be determined based on the approved legislation and the Purchaser's individual circumstances. This pricing assumes the purchaser qualifies for the rebate and assigns it to the builder. The vendor makes no representations or warranties regarding the availability or amount of any such rebate.

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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
Size0-499 sq. ft.
Maintenance Fees$334
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberC13658118
Listed ByDEL REALTY INCORPORATED
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,276
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$3,593 / mo

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

Down payment20% · $128,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,693 / mo
Cash down
$128,000

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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