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502 - 1080 Bay Street
Bay Street Corridor, Toronto
$985,000
Prestigious U Condos Residences! Located In The Core Of Downtown.Bright, *Spacious & Sunfilled 896 Sq.Ft+277 Sq.Ft Bal, S/E Corner Unit W/Parking & Locker.Luxurious Lifestyle In Toronto's Most Exclusive Bay Street And Yorkville District. Unobstructed Parkette View.9 Ft Ceiling.Floor To Ceiling Windows.Double Walk-Out Balconies.Right Next To U Of T Campus And Queen's Park. Steps To TTC, Bloor/Yorkville Shops And Restaurants.Unique Opportunity to Purchase an Outstanding Corner Unit since Price is Substantially Reduced to Sell Fast!!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $762 |
| Locker | Exclusive |
| Balcony | Enclosed |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $5,595 |
| mls© Number | C13640974 |
| Listed By | CENTRAL CAPITAL REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,042
- Property tax
- $466
- Heat allowance
- $150
- Condo fees, half counted
- $381
- Housing costs
- $6,039 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$186,000
gross annual household income
- Payment at 4%
- $4,145 / mo
- Cash down
- $197,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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