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Listed 1 month ago

203 - 50 Burnside Avenue

4201 - Mechanicsville, West Centre Town

$439,900

Condo Apartment |
2 | 2 | 1 | 0
About this home

Renovated top to bottom. New wood floors run through the whole suite, the kitchen has been opened up to the living room with counter seating, the main bathroom has a new tub and new tiles, both bathrooms have new sinks, laundry has been added in the unit, and a heat pump now handles both the heat and the air conditioning. Fresh paint throughout, with new door locks and handles.823 square feet on the second floor of a low-rise brick building, one block off Parkdale. Living and dining run together across the front of the suite with a patio door to their own balcony. The primary bedroom measures 15'9" by 11'6" - large for the price band - with a wall of mirrored closets, a patio door to a second balcony, and a walk-through to the four-piece bathroom. The second bedroom takes a queen plus a desk and sits beside the main bathroom. One heated underground parking space (29) is included and the condo fee of $535 a month includes water. The building has a renovated lobby and mail room, a landscaped courtyard, and permits pets. Condo Corp 232, managed by Astro. Burnside is a quiet street a block from Parkdale Market, with the restaurants of Wellington West and Hintonburg on foot and the Ottawa River pathway two minutes north. Tunney's Pasture and Bayview LRT stations are roughly a fifteen-minute walk, putting downtown about ten minutes away. Currently tenanted month to month; 24 hours notice for all showings. 24 hours irrevocable on all offers.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age31-50
Size800-899 sq. ft.
Maintenance Fees$535
LockerNone
BalconyOpen
ExposureEast
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesCovered, Reserved/Assigned
Property Tax$3,221
mls© NumberX13669064
Listed ByLPT REALTY
Common Elements Included
Building Insurance Included
Water 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%
$2,252
Property tax
$268
Heat allowance
$150
Condo fees, half counted
$268
Housing costs
$2,938 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

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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