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Listed 2 months ago

207 - 20 Thomas Riley Road W

Islington-City Centre West, Toronto

$540,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to this beautifully maintained 1-bedroom plus large den condo in the sought-after The Kip District community. Offering approximately 730 sq ft of thoughtfully designed living space, this bright and functional unit features a custom quartz kitchen island, an open-concept layout, and a versatile den that is perfect for a home office, guest space, or nursery. Enjoy a quiet east-facing exposure overlooking the courtyard and surrounding buildings from your private balcony. The unit includes 1 parking space and 1 locker for added convenience. Residents enjoy premium amenities including a 24-hour concierge, fully equipped gym, party room, theatre room, pet washing station, BBQ area, and guest suite. Built in 2018 and kept in excellent condition, this condo offers modern living in a prime Etobicoke location just steps to Kipling Station, GO Transit, shopping, restaurants, and major highways

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$624
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,330
mls© NumberW13439320
Listed BySPECTRUM REALTY SERVICES INC.
Common Elements 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%
$2,764
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$312
Housing costs
$3,420 / mo

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

Down payment20% · $108,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,272 / mo
Cash down
$108,000

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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