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1 / 0
New3 hours ago

2306 - 30 Nelson Street

Bay Street Corridor, Toronto

$595,000

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

Bright and spacious 1+Den suite featuring breathtaking south-facing city views and abundant natural sunlight. Functional layout with floor-to-ceiling windows and hardwood flooring throughout. The den with window and door can be used as a second bedroom or home office, offering great flexibility.Modern open-concept kitchen equipped with built-in Miele appliances and granite countertops, seamlessly connected to a comfortable living and dining area. A well-designed floor plan allows space for a proper dining table and excellent everyday living.Located in the heart of Downtown Toronto's Entertainment and Financial District, just steps to Osgoode Subway Station, TTC, restaurants, shops, universities, and hospitals. Walking distance to Shangri-La Hotel, Bisha Hotel, and Toronto's vibrant nightlife.Enjoy hotel-style amenities, including 24-hour concierge, gym, yoga studio, recreation facilities, and sauna.Excellent value in the building - check the price per square foot! Well Maintained Short term rental building, Airbnb friendly! Current AAA tenant pays $2850/Month, easy-going, can move out with notice.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$716
LockerOwned
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,774
mls© NumberC14127022
Listed ByCENTURY 21 MYPRO REALTY
Water Included
CAC Included
Building Insurance Included
Common Elements Included
Parking Included
Heat 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%
$3,045
Property tax
$314
Heat allowance
$150
Condo fees, half counted
$358
Housing costs
$3,868 / mo

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

Down payment20% · $119,000
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,504 / mo
Cash down
$119,000

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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