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New4 hours ago

1303 - 290 Adelaide Street W

Waterfront Communities C1, Toronto

$395,000

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

Prime Downtown Location! Modern Studio Just Steps From The Financial, Entertainment & Fashion Districts, Offering Unbeatable Convenience And Urban Living. Bright East-Facing City Views From A Spacious Square-Shaped Balcony. This Turnkey Suite Features Expansive 9-Ft Ceilings, Quartz Countertops, Full Kitchen Backsplash, Under-Cabinet Valance Lighting, Laminate Flooring, Built-In Appliances, Soaker Tub And A Deep Coat Closet. LOW Condo Fees! Exceptional Building Amenities Include An Outdoor Pool & Hot Tub, BBQ Area, Rooftop Terrace With Dining & Lounge Areas, State-Of-The-Art Fitness Centre, Yoga Room, Party Room And 24-Hour Concierge. Excellent Opportunity For Both End Users And Investors. Currently Tenanted, With Tenant Vacating At The End Of October.

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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
Size0-499 sq. ft.
Maintenance Fees$271
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,049
mls© NumberC13749450
Listed ByBAY STREET GROUP INC.
Water Included
Heat Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,022
Property tax
$171
Heat allowance
$150
Condo fees, half counted
$135
Housing costs
$2,478 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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