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New5 hours ago

1501 - 215 Queen Street E

Queen Street Corridor, Brampton

$349,000

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

Large Bright Open Concept Studio Apartment with Full Length Balcony with Panoramic Views of the City. Perfect for First Time Buyers or Investors. Modern Kitchen W/ Breakfast Bar, up-graded Cherry Cupboard, Stainless Steel Appliances, Glass Top Stove, B/I Dishwasher, Newer B/I microwave, and newer Ensuite Washer and Dryer. Exceptional Building Amenities - 24hr Concierge, Car Wash , Gym, Library, Party Room, Guest Suites. Close to all Transit , Zum Bus at Door. Great Location. Close to Downtown Brampton, Bramalea City Centre, Restaurants, Gage Park.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size0-499 sq. ft.
Maintenance Fees$574
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,065
mls© NumberW13817738
Listed ByRE/MAX REALTY SPECIALISTS INC.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

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  • 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%
$1,786
Property tax
$172
Heat allowance
$150
Condo fees, half counted
$287
Housing costs
$2,396 / mo

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

Down payment20% · $69,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,469 / mo
Cash down
$69,800

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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