| Building Insurance Included | |
| Common Elements Included |
New6 days ago
318 - 55 Mercer Street
Waterfront Communities C1, Toronto
$415,000
Condo Apartment |
1 | 1 | 0 | 0
About this home
Welcome To 55 Mercer, Nestled In The Heart Of The Entertainment District. This Brand New 1 Bedroom 515 Sqft. With Open-Concept Layout Seamlessly Connects The Living, Dining, And Kitchen Areas, Perfect For Entertaining Or Relaxing. Large Windows Flood TheSpace With Natural Light, Creating An Inviting Atmosphere. Enjoy Access To 3 Floors Of State-Of-The-Art Fitness Facilities, Co-Working Spaces,Rooftop Garden, And Party Room. Steps Away From TIFF, Rogers Centre, And CN Tower, Nobu, Along With World-Class Shopping, Restaurants,And Cafes. *Experience The Best Of City Living Today!* Brand New And Covered By Full TARION Warranty!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | New |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $403 |
| Locker | None |
| Balcony | None |
| Exposure | South |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | --- |
| mls© Number | C13673490 |
| Listed By | BAY STREET GROUP INC. |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,124
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $202
- Housing costs
- $2,476 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $83,000
25-yr amortization
Income needed
$76,000
gross annual household income
- Payment at 4%
- $1,746 / mo
- Cash down
- $83,000
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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