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New2 hours ago

233 - 55 Merchants' Wharf N/A

Waterfront Communities C8, Toronto

$599,999

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

Client RemarksTridel built condo on the waters edge of Lake Ontario.Clear View Of Lake And CN Tower. Enjoy watching the ships & sailboats morning-night from inside or outside on your balcony. One Bedroom Plus Den (Can Be Used As 2nd Bdrm), 10' Ceiling, 2 W/Rooms.Take advantage of the spa-like amenities. 24-HoursConcierge, Theater Room, Spinning Room, Yoga Room, Fitness Center, Library, Rooftop Pool and More!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$712
LockerOwned
BalconyJuliette
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,427
mls© NumberC13869956
Listed ByIQI GLOBAL REAL ESTATE
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$3,071
Property tax
$369
Heat allowance
$150
Condo fees, half counted
$356
Housing costs
$3,946 / mo

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

Down payment20% · $120,000
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,525 / mo
Cash down
$120,000

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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