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Listed 2 months ago

401 - 407 Walmer Road

Casa Loma, Toronto

$2,395,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Suites in this intimate boutique building are rarely offered for sale. A beautifully renovated corner residence offering approximately 2,100 square feet of elegant living space and breathtaking panoramic views of the downtown Toronto skyline in Forest Hill. Bathed in natural light, this exceptional suite enjoys south, north, and east exposures, with ever-changing vistas over the treetop of the Nordheimer Ravine. A welcoming foyer leads to expensive principal rooms, including generous living and dining areas. The renovated white kitchen features shaker cabinetry, Corian countertops, a bright breakfast area with unobstrcuted eastern views. The oversized primary suite with sitting areas, a walk-in closet, a renovated 3-piece ensuite, and a balcony. The second bedroom, currently used as a den, with wall-to-wall closets, wood floor has unobstructed east views. Additional features include a separate laundry room with washer, dryer, laundry sink, and second refrigerator, one underground parking space, and a locker. Residents enjoy an exercise room, sauna, visitor parking, barbecues permitted on balconies and pets permitted as per by-laws. This exclusive seven storey building with only 14 suites is a rare find in the city. Ideally located within walking distance to Forest Hill Village, Winston Churchill Park, TTC, grocery stores, restaurants, shops, synagogues, and churches. A truly special opportunity to enjoy a spacious, quiet condominium surrounded by nature, with spectacular ravine and skyline views in one of the city's most desirable neighbourhoods.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$3,586
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$7,650
mls© NumberC13501836
Listed ByROYAL LEPAGE/J & D DIVISION
Common Elements Included
Building Insurance Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,259
Property tax
$638
Heat allowance
$150
Condo fees, half counted
$1,793
Housing costs
$14,839 / mo

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

Down payment20% · $479,000
25-yr amortization

Income needed

$457,000

gross annual household income

Payment at 4%
$10,079 / mo
Cash down
$479,000

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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