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New13 hours ago

2701 - 88 Queen Street E

Church-Yonge Corridor, Toronto

$549,000

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

Welcome to 88 Queen Condos, offering this one-bed + den, 676sf + 99sf balcony, two-bath in this one new unit with practical layout in an exceptional location at Church and Queen in the heart of downtown Toronto. Residents enjoy world-class amenities including an outdoor infinity pool with cabanas, fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga area, jacuzzi tub, fully equipped kitchen and party room, and an outdoor terrace with fireplace and BBQs. Unbeatable convenience with a 7-minute walk to the Financial District, a 3-minute walk to the TTC, and walking distance to Toronto Metropolitan University, George Brown College, University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. Rogers high-speed internet included. Parking and Locker are available at an additional cost. Property Taxes still to be assessed.

Extras

No extras listed.

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Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNew
Size600-699 sq. ft.
Maintenance Fees$530
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberC14105254
Listed ByCENTURY 21 ATRIA REALTY INC.
Common Elements Included
Building Insurance Included
Water 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,810
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$3,225 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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