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New4 hours ago

507 - 127 Queen Street E

Church-Yonge Corridor, Toronto

$575,000

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

Welcome to Glass House Lofts, a boutique residence offering stylish urban living in the heart of downtown Toronto! This bright and spacious 711 sq. ft. 1 bedroom + den suite combines contemporary finishes with distinctive loft-inspired character. Featuring soaring exposed concrete ceilings, expansive floor-to-ceiling windows, a Juliette balcony and modern laminate flooring throughout, the generous open-concept living and dining area is filled with natural light and offers plenty of room to relax or entertain. The sleek kitchen features quartz countertops, stainless steel appliances including a gas stove and overlooks the living dining area. A generously sized den provides an ideal home office, reading nook or flexible living space, while the comfortable bedroom offers ample closet space. Additional highlights include a well-appointed 4-piece bathroom, convenient ensuite laundry and a separate storage locker. Ideally situated steps from the Queen streetcar, subway, St. Lawrence Market, Eaton Centre, Financial District and an incredible selection of restaurants, cafés and shops. Experience the character of boutique loft living with all the convenience and excitement of downtown Toronto right at your doorstep!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$790
LockerOwned
BalconyJuliette
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,854
mls© NumberC14127904
Listed ByKELLER WILLIAMS PORTFOLIO REALTY
Heat Included
Building Insurance Included
Water Included
CAC 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%
$2,943
Property tax
$238
Heat allowance
$150
Condo fees, half counted
$395
Housing costs
$3,726 / mo

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

Down payment20% · $115,000
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

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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