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New10 hours ago

305 - 25 Lower Simcoe Street

Waterfront Communities C1, Toronto

$515,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Meticulously Maintained. Located In The Heart Of Downtown, This Stunning 1 Bed Unit Offers 9' Ceilings, Laminate Floors, Floor To Ceiling Windows & Tons Of Natural Light! Modern Open Concept Kitchen W/ S/S Appl, Granite Counters, Breakfast Bar, Upgraded Shaker Cabinets, Backsplash & Faucet! Same Floor As Amenities. Amenities Include: Fitness Centre, Indoor Pool, Sauna, Theatre Room, Terrace W/ Bbq & Much More! Steps To Lake, Union Station, Financial District, Cn Tower, Scotiabank Arena, Rogers Centre, Restaurants & Direct Access To Path!

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$564
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,707
mls© NumberC13656082
Listed ByRE/MAX REALTRON REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

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%
$2,636
Property tax
$226
Heat allowance
$150
Condo fees, half counted
$282
Housing costs
$3,294 / mo

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

Down payment20% · $103,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,167 / mo
Cash down
$103,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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