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Listed 10 days ago

511 - 2088 James Street

Brant, Burlington

$394,828

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

1 parking & 1 locker included! Exceptional Value in the Heart of Downtown Burlington - Martha James by Mattamy Homes. North-facing 1-bedroom suite. Open-concept design with soaring 9-ft ceilings, and a private 184 sqft terrace - an unusually generous outdoor space for this unit type. Smart, functional layout with premium finishes throughout, offering an unbeatable entry point into this sought-after new-build community.Resort-style amenities include a rooftop terrace, fitness centre, resident lounge, and concierge service.A rare opportunity to own brand-new in downtown Burlington at an accessible price point.*The listing price incorporates an estimated amount for the temporary Ontario enhanced new housing HST rebate. This pricing assumes that the rebate is fully enacted as anticipated and that the purchaser meets all eligibility criteria. If the purchaser is not eligible, the rebate will not apply and the purchaser may be responsible for a higher purchase price without the benefit of the rebate.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size0-499 sq. ft.
Maintenance Fees$461
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax---
mls© NumberW13826208
Listed ByHARLOWE REALTY CORPORATION
Common Elements Included
Building Insurance Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,021
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$230
Housing costs
$2,401 / mo

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

Down payment20% · $78,966
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$78,966

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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