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New58 minutes ago

207 - 117 Gerrard Street E

Church-Yonge Corridor, Toronto

$409,990

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

Welcome Home! This Spacious 759 Sq Ft One + Den Unit in a Boutique Condo gives you the sense of space in the Toronto downtown core! *Functional layout, wall-to-wall windows for the Open Concept Living and Dining Room, spacious bedroom with walk-in closet and den provide limitless flexibility! *With your own creativity, the good size den can be a second bedroom, a home office or a greenhouse retreat for your morning coffee! *Freshly painted, laminated flooring throughout, Updated bathroom. *Further expand on your imagination, Kitchen remains "as is" for the new owners to create their tailor-made gourmet kitchen. *24 Hours Concierge, Roof Top Terrace, Gym, Party Room and Visitor Parking. *Steps to all Amenities, shopping, restaurants, supermarkets and transit. 10 Minutes to Eaton Centre, St. Michael's Hospital, Yonge Street Corridor, TMU, U of T and Financial district. *15 Minutes to 5 other hospitals, like SickKids and Toronto General Hospitals, along the University Ave area! *One Underground Parking included! Perfect for First Time Buyers, Young Working Professionals and Parents! **Time to act now. Don't missed out on this affordable City Oasis!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$1,001
LockerNone
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,248
mls© NumberC14104100
Listed ByHOMELIFE GOLD PACIFIC REALTY INC.
Heat Included
Hydro Included
Water Included
Cable TV 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%
$2,099
Property tax
$187
Heat allowance
$150
Condo fees, half counted
$500
Housing costs
$2,936 / mo

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

Down payment20% · $81,998
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,998

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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