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New3 hours ago

505 - 1 Balmoral Avenue

Yonge-St. Clair, Toronto

$689,000

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

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$1,153
LockerEnsuite
BalconyJuliette
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,128
mls© NumberC13670184
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Heat Included
Water Included
Hydro Included
Parking Included
Common Elements 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%
$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.

Down payment20% · $137,800
25-yr amortization

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 check

Investment Analysis

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

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