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403 - 2645 Kipling Avenue
Mount Olive-Silverstone-Jamestown, Toronto
$375,000
Spacious & Renovated 2-Bedroom Condo | 1,005 Sq. Ft. | Balcony | Great Investment Opportunity !!Welcome to this spacious and beautifully renovated 2-bedroom, 1.5-bathroom condo offering approximately 1,005 sq. ft. of comfortable living space. Featuring a functional layout, updated finishes, and newer flooring in the living room, this home is move-in ready and ideal for first-time buyers, downsizers, or investors. The generous living area provides plenty of room to relax and entertain, while the private balcony offers the perfect spot to enjoy your morning coffee or unwind outdoors. The well-proportioned bedrooms and convenient 1.5-bathroom layout make this a practical home for everyday living. Investors will love the opportunity to purchase a turnkey property with a great existing tenant who is willing to stay, offering the potential for a seamless transition and continued rental income. A rare opportunity to own a renovated, spacious 1,005 sq. ft. condo with a balcony and an excellent tenant already in place. Don't miss your chance to make this property yours!
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| Type | Condo Apartment |
| Style | Multi-Level |
| Approx. Age | 31-50 |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $508 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $500 |
| mls© Number | W13773928 |
| Listed By | KIC REALTY |
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%
- $1,919
- Property tax
- $42
- Heat allowance
- $150
- Condo fees, half counted
- $254
- Housing costs
- $2,365 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$73,000
gross annual household income
- Payment at 4%
- $1,578 / mo
- Cash down
- $75,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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