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Price Change$268,000

1310 - 10 Oak St Street

Regent Park, Toronto

$299,000

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

Rare Distressed Assignment Opportunity at Daniels on Parliament! Exceptional value with this brand new, never-lived-in studio suite featuring a Juliette balcony. Originally purchased for $446,000, this is one of the lowest-priced brand new downtown condominiums available and is priced below many resale studio comparables that are over five years old. Whether you're an investor seeking a potentially cash flow positive opportunity or an end user looking to own a brand new home at an unbeatable price, this suite offers outstanding value. Enjoy modern finishes, state-of-the-art building amenities, low maintenance fees, and excellent long-term appreciation potential in one of Toronto's fastest-growing neighbourhoods. The seller will cover the assignment fee, all development charges, and all occupancy fees up to final closing, meaning the buyer pays $0 assignment fee, $0 development charges, and $0 occupancy fees-simply complete the final closing. Opportunities offering this level of value are exceptionally rare. Priced to sell and unmatched in today's marketplace, this is an opportunity not to be missed. Photos are renderings provided by the builder

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$212
LockerNone
BalconyJuliette
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$1
mls© NumberC13553396
Listed ByRE/MAX HALLMARK ARI ZADEGAN GROUP REALTY
Common Elements Included
Building Insurance Included

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%
$1,530
Property tax
$0
Heat allowance
$150
Condo fees, half counted
$106
Housing costs
$1,787 / mo

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

Down payment20% · $59,800
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$1,258 / mo
Cash down
$59,800

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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