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New5 hours ago

803 - 400 Wellington Street W

Waterfront Communities C1, Toronto

$899,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to your urban retreat in the heart of downtown Toronto! This exceptional condo awaits you in a serene boutique mid-rise residence, offering a peaceful escape from the hustle and bustle of city life. Convenience meets luxury as you step outside your doorstep and find yourself just a stone's throw away from The Well, a vibrant hub of amenities, including shops, restaurants, and entertainment venues. Indulge in the finest culinary experiences along King Street and explore the eclectic shopping scene on Queen Street, all within easy reach of your new home. Experience the best of Toronto's attractions within walking distance, from iconic landmarks to cultural hotspots. Embark on leisurely strolls along the picturesque lakeshore, mere minutes away, and soak in the breathtaking views of the waterfront. For the avid traveller, this location offers unparalleled convenience with its proximity to the Gardiner Expressway and Billy Bishop Airport, making weekend getaways a breeze.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$843
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,151
mls© NumberC14092092
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
CAC Included
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%
$4,601
Property tax
$346
Heat allowance
$150
Condo fees, half counted
$422
Housing costs
$5,519 / mo

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

Down payment20% · $179,800
25-yr amortization

Income needed

$170,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

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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