51 Augusta Avenue
Kensington-Chinatown, Toronto
$1,000,000
Opportunity For Those Looking To Redesign A Fully Detached Property In Fantastic Location. 9' Ceilings on Main & 2nd Floor. Almost 2400 Sqft Above Grade. Incredible Space To Work With. In The Same Family Since It Was Built, First Time Offered For Sale. Character Throughout With Original Doors, Casings & Baseboards. Basement Has Separate Entrance With 7' Ceilings Approx. The Right Buyer Will See This As A Dream Opportunity To Work With. Property Has Had Foundation Work Done. Steps To Queen St West With Amenities All Within Walking Distance. Public Parking On Street.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,096 |
| Lot Size | 26 ft x 97.18 ft |
| mls© Number | C13815064 |
| Listed By | RE/MAX WEST REALTY INC. |
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%
- $5,118
- Property tax
- $591
- Heat allowance
- $150
- Housing costs
- $5,860 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$180,000
gross annual household income
- Payment at 4%
- $4,208 / mo
- Cash down
- $200,000
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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