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New2 hours ago

709 - 7 Mabelle Avenue

Islington-City Centre West, Toronto

$429,900

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

A RARE CORNER ONE-BEDROOM SUITE with a LARGE BALCONY and SOUTHERN EXPOSURE at Islington Terrace by Tridel! An uncommon layout within the Mabelle condo community, this thoughtfully designed suite offers a spacious kitchen and open living and dining areas with room to cook, entertain and unwind. Custom built-in closets add practical storage, while the generous balcony creates an inviting outdoor extension of your living space. Includes ONE OWNED LOCKER. Just a FIVE-MINUTE WALK TO ISLINGTON STATION for convenient access to the TTC's Line 2 (Bloor-Danforth), with shops, restaurants, Highway 427 and the Gardiner Expressway close by. Enjoy an impressive range of amenities, including 24-hour concierge, indoor pool, fitness centre, guest suites, dining and entertainment lounge, basketball court, theatre and a shared outdoor terrace with BBQs. A standout opportunity to enjoy a distinctive layout, generous outdoor space and everyday convenience, comfort and functionality.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$408
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,148
mls© NumberW13877670
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Building Insurance Included
Cable TV Included

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$2,200
Property tax
$179
Heat allowance
$150
Condo fees, half counted
$204
Housing costs
$2,734 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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