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505 - 1 Balmoral Avenue
Yonge-St. Clair, Toronto
$689,000
Absolutely turnkey. This fully renovated 1 bed + den at 1 Balmoral Avenue delivers move-in-ready polish in one of Toronto's best locations. The versatile den suits a home office or walk-in closet, adapting easily to how you live. The kitchen is finished with striking marble countertops and stainless steel appliances, balancing everyday function with a refined finish. Includes one parking space and one locker. Two Juliette balconies in unit. Building amenities include 24-hour concierge, a fully equipped gym, visitor parking, a party room, and guest suites for out-of-town company. Steps to subway, TTC! A rare opportunity to own a fully updated suite steps from the city's best spots!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $1,153 |
| Locker | Ensuite |
| Balcony | Juliette |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,128 |
| mls© Number | C13670184 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
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%
- $3,527
- Property tax
- $344
- Heat allowance
- $150
- Condo fees, half counted
- $576
- Housing costs
- $4,597 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$141,000
gross annual household income
- Payment at 4%
- $2,899 / mo
- Cash down
- $137,800
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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