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1 / 0
New3 days ago

122 - 255 Richmond Street E

Moss Park, Toronto

$519,000

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

Look Up, Way Up at Your Soaring 18' Ceiling Height! Bright, Spacious, One Bedroom Loft in the Highly Sought-After Space Lofts: A Boutique Building Offering Floor to Ceiling Windows and Open Concept Layouts. Enjoy The South Facing Exposure and the Plentiful Sunshine Pouring in Through the Expansive Glass. This Is A Corner Suite On The Quiet Side of the Building. Enjoy Your Patio Overlooking A Serene Pedestrian Courtyard Away From The Bustle of Richmond Street While Simultaneously Living in the Heart of Old Toronto, Steps From Cafes, Restaurants, St. Lawrence Market, The Distillery District, Transit & The Waterfront. 2021 Renovations: Opened Up For Loftier Feel, Newer Kitchen & Appliances, Quartz Counter & Breakfast Bar, Luxury Vinyl Floor (Carpet Free). Exposed Concrete High Ceilings With Updated Touches Combine To Offer Industrial Character in a Stylish Downtown Setting. This Is A Gem in a Sea of Standard, Typical Condos. And This Downtown Modern Brick and Glass Residence Offers Visitor Parking!!!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$548
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,466
mls© NumberC13680608
Listed ByTIMBERSTONE REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Building Insurance Included
Common Elements 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%
$2,656
Property tax
$205
Heat allowance
$150
Condo fees, half counted
$274
Housing costs
$3,286 / mo

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

Down payment20% · $103,800
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,184 / mo
Cash down
$103,800

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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