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302 - 55 Stewart Street
Waterfront Communities C1, Toronto
$875,000
Rare opportunity to own a stunning suite at the prestigious Thompson Residences! Offering approximately 870 sq. ft. of thoughtfully designed living space, this stylish unit features a spacious open-concept layout, brand-new flooring, soaring 9-foot-plus exposed concrete ceilings, and floor-to-ceiling windows that fill the space with natural light. The versatile den can easily function as a second bedroom and offers convenient access to a semi-ensuite bathroom. Enjoy sophisticated urban living in this sought-after luxury residence.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,479
- Property tax
- $389
- Heat allowance
- $150
- Condo fees, half counted
- $524
- Housing costs
- $5,542 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,682 / mo
- Cash down
- $175,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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