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Listed 2 months ago

512 - 88 Richmond Road

5003 - Westboro/Hampton Park, Westboro - Hampton Park

$679,900

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

Welcome to this beautiful, meticulously maintained, move-in ready 2-bedroom corner suite offering the perfect blend of style, comfort, and convenience. Perched on the 5th floor, with over 1000 sqft of living space, this bright and airy home features expansive floor-to-ceiling windows with desirable northeast exposure, filling the space with natural light throughout the day. The thoughtfully designed open-concept layout is complemented by newly installed engineered hardwood flooring in all rooms (except bathrooms and laundry room) and a modern white kitchen complete with stainless steel appliances, a generous island, and ample cabinetry ideal for both everyday living and entertaining. The bedroom layout provides excellent privacy, with two bright and spacious bedrooms positioned on opposite sides of the unit. Storage is abundant, featuring TWO lockers, one conveniently located on the same floor just steps from the elevator, and a second on the parking level ensuring plenty of room for all your needs. This unit includes a premium parking space optimally situated directly in front of the elevator lobby on P2 for ultimate convenience. Located in the heart of Westboro, you are just steps away from vibrant shops, restaurants, cafés, parks, transit and all the amenities this sought-after neighbourhood has to offer.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$708
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$6,468
mls© NumberX13596290
Listed ByLPT REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,480
Property tax
$539
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$4,523 / mo

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

Down payment20% · $135,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$2,861 / mo
Cash down
$135,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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