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Unit 401, 530 Indian Grove, Junction Area M6P 0B3

Price

$495,000

Bedrooms

1 Beds

Bathrooms

1 Baths

Size

600-699 sqft

Year Built

Not listed

Property Type

Condo

Property Taxes

$2413.08

Explore A Virtual Tour

Description

Welcome to The Duke in the heart of the Junction, a boutique, community focused building known for its quality construction and strong reputation. This bright 606 sq ft one bedroom suite features 9' ceilings, floor to ceiling windows, and a sunny south exposure that fills the space with natural light. Enjoy a private south facing balcony overlooking greenery, a peaceful retreat with beautiful summer sunsets away from the bustle of Dundas St W. A functional layout offers a foyer with coat closet, open concept living area with engineered hardwood floors, and a modern Scavolini kitchen with stone countertops, paneled appliances, and stainless steel wall oven, cooktop, and microwave. The bedroom fits a queen sized bed with a double closet, complemented by a 4 piece bathroom with soaker tub and in suite laundry. Residents enjoy a well established 7 storey building with a gym, BBQ area, and party room. Unbeatable Junction location with a 97 Walk Score and 95 Bike Score, steps to cafes, restaurants, the farmers' market, and minutes to High Park, the Stockyards, and transit including the UP Express for quick connection to Pearson Airport and nearby subway access at Keele or Dundas West station. An excellent opportunity for first time buyers, young professionals, downsizers, or investors seeking a well located west end home or pied à terre. For investors, the combination of strong rental demand in the Junction, efficient layout, and relatively low operating costs offers attractive income potential, with an estimated cap rate of approximately 4%.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$0 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$396,000

Total Interest Payments

$244,159

Total Payment (Principal + Interest)

$640,159

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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