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New1 hour ago

1105 - 7 King Street E

Church-Yonge Corridor, Toronto

$895,000

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

Premier Location In The Heart Of The Financial District & All That Downtown Living Has To Offer. Spacious 2 Bedroom Plus Den At The Metropole Boasts 9 Ft Ceilings, Crown Mouldings, Hardwood & Marble Flooring, Ample Closet Space & Built-In Cabinetry, 2 Walk-Outs To A Good Size Balcony With A Window Treatment That Allows For A Seventh Room, During Spring & Fall. Meticulously Cared For Suite, Ready To Move Into.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1200-1399 sq. ft.
Maintenance Fees$1,236
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,150
mls© NumberC13876888
Listed ByBOSLEY REAL ESTATE LTD.
Heat Included
Hydro Included
Water Included
CAC Included
Building Insurance Included
Parking Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,581
Property tax
$429
Heat allowance
$150
Condo fees, half counted
$618
Housing costs
$5,778 / mo

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

Down payment20% · $179,000
25-yr amortization

Income needed

$178,000

gross annual household income

Payment at 4%
$3,766 / mo
Cash down
$179,000

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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