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New2 hours ago

1421 - 20 Edward Street

Bay Street Corridor, Toronto

$579,000

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

Rare Opportunity to Own a Spacious Downtown Toronto Unit with a Walk-Out Balcony! One of the best-facing units in the building, offering an open, virtually unobstructed view-an exceptional find in the heart of downtown. Enjoy the perfect balance of vibrant city living and peaceful surroundings. Steps to Yonge-Dundas Square, TMU, U of T, TTC/Subway, and Eaton Centre. T&T Supermarket conveniently located on the ground floor, with restaurants, cafés and shops at your doorstep. Excellent amenities include gym, party room, billiards, table tennis and basketball court. Plenty of guest parking. A rare downtown gem with an unbeatable location and view!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$334
LockerNone
BalconyOpen
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,522
mls© NumberC13665902
Listed ByHOMELIFE LANDMARK REALTY INC.
CAC Included
Building Insurance Included
Condo Taxes 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%
$2,964
Property tax
$293
Heat allowance
$150
Condo fees, half counted
$167
Housing costs
$3,574 / mo

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

Down payment20% · $115,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,437 / mo
Cash down
$115,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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