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New5 days ago

1503 - 5 Mariner Terrace

Waterfront Communities C1, Toronto

$1,225,000

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

Stunning Lake Views & Natural Light in this Corner Suite with Both South and West Views! Spacious Open Concept Floorplan approx 1268sqft. Freshly Painted Throughout and Brand New Engineered Luxury Vinyl Flooring, Brand New Fridge and Gas Stove, New Light Fixtures in the Primary Bedroom and Hallways. Features a Modern Split 2 Bedrooms + large Den. High Ceilings. No Carpets! Primary Bedroom with Walk-in Custom Closet, Ensuite Bath (Tub and Shower), Motorized Blinds. Gourmet Kitchen W/ Breakfast Bar, Separate Pantry, Gas Stove & Stainless Steel Appliances. Feature wall in the Living Room. Dimmable Lights in Living and Dining Rooms. Located in a separate building next door is a 30,000 sqft Amenities Super Club. Indoor pool, Tennis Court, Basketball Court, Gym, Running Track, Outdoor Patio and more! Walk to CN Tower, Rogers Centre (Skydome), TTC, Union Station, Restos, Parks, Hwy+ Utilities are All Inclusive! Parking & Storage Locker Included. ***Some Photos are Virtually Staged.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1200-1399 sq. ft.
Maintenance Fees$1,356
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,358
mls© NumberC13678512
Listed ByKELLER WILLIAMS REFERRED URBAN REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$6,270
Property tax
$363
Heat allowance
$150
Condo fees, half counted
$678
Housing costs
$7,461 / mo

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

Down payment20% · $245,000
25-yr amortization

Income needed

$230,000

gross annual household income

Payment at 4%
$5,155 / mo
Cash down
$245,000

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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