46 Sullivan Street
Kensington-Chinatown, Toronto
$959,000
Unbeatable Location In The Heart Of Chinatown! Welcome to the Spacious 6+1 Bedroom 3 Bathroom Townhouse in One Of Downtown Toronto's Most Vibrant And Convenient Neighbourhoods, Offering An Ideal Layout For Multi-generational Living or Income Potential. Featuring High Ceilings On The Main Floor, Bright And Functional Layout, Updated Kitchen With Appliances & Backsplash, And Walk Out To Backyard. Skylight on Ground Floor Hallway. Excellent Investment Opportunity With Approx. $4,000/Month Rental Income; Tenants Are Willing To Stay Or Vacate. Steps To China Town, University of Toronto, Kensington Market, TTC, Grange Park, OCAD, Queen West, Art District, Restaurants, Shopping, And More. Great Potential For Contractors, Renovators, Builders, Investors, Or End-User Living.
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,840 |
| Lot Size | 15.75 ft x 78.16 ft |
| mls© Number | C13592396 |
| Listed By | SUPERSTARS REALTY LTD. |
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%
- $4,909
- Property tax
- $570
- Heat allowance
- $150
- Housing costs
- $5,629 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$173,000
gross annual household income
- Payment at 4%
- $4,036 / mo
- Cash down
- $191,800
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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