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306 - 1100 Lansdowne Avenue
Dovercourt-Wallace Emerson-Junction, Toronto
$899,000
Welcome to The Foundry Lofts, one of Toronto's most unique heritage hard loft conversions. Discover urban living at its finest in this spacious hard loft conversion from a historic 19th-century train factory and one of the West End's most desirable buildings! This gorgeous 2-bed 2-bath boasts an open-concept layout combining industrial charm with modern design and luxury across two levels and features elements like exposed brick and duct work, soaring ceilings and warehouse windows allowing for an abundance of natural light to fill the space. Unit entrance walks out directly into an incredible and unique 16,000 sq ft year round indoor atrium and the building features an exercise room, meeting space, party room and theatre all steps from your door. Situated in a vibrant neighbourhood, residents enjoy easy access to an array to parks, restaurants, cafes, shopping and entertainment, with public transit in close proximity. The Foundry Lofts are ideal for those seeking a stylish, spacious home with a rich history and excellent amenities in a prime Toronto location.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,601
- Property tax
- $318
- Heat allowance
- $150
- Condo fees, half counted
- $502
- Housing costs
- $5,572 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$171,000
gross annual household income
- Payment at 4%
- $3,783 / mo
- Cash down
- $179,800
Assumes no other monthly debts · 25-yr amortization
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