| Heat Included | |
| Water Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
New3 hours ago
1208 - 8 Mercer Street
Waterfront Communities C1, Toronto
$950,000
Condo Apartment |
3 | 2 | 1 | 1
About this home
A rare 3 bedrooms, 2 bathrooms with parking and locker in prime downtown. 912 sq ft of interior space + 112 sq ft of large balcony. Pet friendly and BBQ friendly building. Spacious luxury apartment with floor-to-ceiling windows, perfect for live/work or a growing family. 10 ft ceilings, hardwood floors throughout. Spacious open concept kitchen w/built-in appliances and large center island with ample storage. Amazing facilities: 24/7 concierge, large fitness center/gym, sauna, rooftop patio w/BBQ, visitor's parking. Walk score 100: in the heart of Entertainment District, steps from famous King St West with theatres, restaurants, Roy Thomson Hall, Tiff Bell Lightbox. Short walk to st Andrews Subway Station.
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Milad Momtaz Azad
(647) 510-8858
Julian Kashani
(416) 837-7775| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 900-999 sq. ft. |
| Maintenance Fees | $698 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $5,226 |
| mls© Number | C13657010 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,863
- Property tax
- $435
- Heat allowance
- $150
- Condo fees, half counted
- $349
- Housing costs
- $5,797 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $190,000
25-yr amortization
Income needed
$178,000
gross annual household income
- Payment at 4%
- $3,998 / mo
- Cash down
- $190,000
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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