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New2 hours ago

1606 - 40 Scollard Street

Annex, Toronto

$532,900

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

Enjoy this One plus Den unit, boasting almost 700 sqft of living space and located in the sought-after luxurious Yorkville neighbourhood. The open concept layout allows for plenty of space for living and entertaining with a dining/breakfast area and a large living room. In The Heart Of Prestigious Yorkville With A 100 Walk Score. Across From The Four Seasons Hotel Residences, Walking Distance To All High-End Shopping & Boutique Shops, And restaurants Yorkville Has To Offer. Steps From Public Transit. 24Hr Concierge, Gym, Sauna, Yoga Room & Squash Court. Locker Included ,Rental Parking Is Available At The Property. Great opportunity for investors, downsizers or first-timers! 1 Locker Included.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$870
LockerOwned
BalconyNone
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,800
mls© NumberC14144076
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance 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%
$2,728
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$435
Housing costs
$3,546 / mo

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

Down payment20% · $106,580
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,243 / mo
Cash down
$106,580

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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