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New3 hours ago

604 - 181 NE Huron Street

Kensington-Chinatown, Toronto

$599,900

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

Steps to U of T! Rare 2 Bed + 2 Full Bath split-bedroom suite at Design Haus, with 2 owned lockers. Perfect for parents buying for a student (rent the second bedroom to help cover costs), investors, or young professionals. Bright "Northeast Exposure with morning sun, 695 sq ft, laminate floors throughout, stainless steel appliances, ensuite laundry. U of T St. George campus directly across the street, library next door, streetcar at your door, and subway, hospital row, Kensington Market and Chinatown all within walking distance. Rooftop terrace with BBQs, gym, and party room. Comparable 2-bedroom units in the building rent for $3,200-$3,600/month. Some photos virtually staged.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$572
LockerOwned
BalconyNone
ExposureNorth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,994
mls© NumberC14094560
Listed ByRE/MAX REALTY SPECIALISTS INC.
CAC Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$3,071
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$286
Housing costs
$3,756 / mo

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

Down payment20% · $119,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,524 / mo
Cash down
$119,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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