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New2 hours ago

1408 - 1001 Bay Street

Bay Street Corridor, Toronto

$489,000

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

Experience sophisticated downtown living in this spacious 671 sq. ft. suite with underground parking. High quality flooring throughout in immaculate condition. Upgraded with sophistication. A well-designed floor plan that makes it easy to create a separate work space if needed. The perfect balance of comfort and convenience. Enjoy access to world class amenities at "Club 1001" with an indoor pool, hot tub, racquet ball court, library ,outdoor barbecues/lounge area plus more that elevates everyday living.An ideal home for professionals, investors, or anyone seeking a premier urban lifestyle.24 hour concierge. Located in a well-established neighbourhood that is steps from world-class dining, shopping, entertainment, and transit.

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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
Size600-699 sq. ft.
Maintenance Fees$691
LockerExclusive
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,994
mls© NumberC13656656
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Building Insurance Included
Parking Included
Water Included
Common Elements Included
Cable TV 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%
$2,503
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$345
Housing costs
$3,248 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

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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