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New2 hours ago

501 - 980 Yonge Street

Annex, Toronto

$545,000

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

Discover an exceptional opportunity at Yonge and Davenport: an oversized corner one-bedroom offering approximately 800 sq. ft. of bright, updated living space, plus a generous 180 sq. ft. corner balcony with sweeping views. A cozy fireplace sets the scene for relaxing evenings, while the open layout (originally designed as a one-bedroom plus den) creates ample room to entertain, unwind, and work from home. The move-in-ready residence features an updated kitchen with newer appliances, a fully renovated bathroom with a spacious shower, abundant closet space with custom shelving, one underground parking space, and a locker. Rosedale subway station and Ramsden Park are just steps away, with Yorkville and Yonge-Bloor shopping and dining close at hand. Residents also enjoy a full-time concierge, gym, party room, rooftop terrace, and more-all in a location that is hard to beat. Exceptionally well priced .

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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
Size800-899 sq. ft.
Maintenance Fees$1,150
LockerExclusive
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,614
mls© NumberC13858140
Listed ByHAZELTON REAL ESTATE INC.
Water Included
Common Elements Included
Parking 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%
$2,790
Property tax
$301
Heat allowance
$150
Condo fees, half counted
$575
Housing costs
$3,816 / mo

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

Down payment20% · $109,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,293 / mo
Cash down
$109,000

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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