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New2 days ago

1504 - 224 King Street W

Waterfront Communities C1, Toronto

$1,199,000

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

Welcome to Theatre Park, an iconic residence in the heart of Toronto's Entertainment District. This stunning suite offers breathtaking southeast city views overlooking Roy Thomson Hall and David Pecaut Square, and is steps from the Royal Alexandra Theatre, Princess of Wales Theatre, and TIFF Bell Lightbox. Featuring modern industrial-inspired finishes, this suite boasts exposed concrete walls, engineered hardwood flooring, floor-to-ceiling windows, wall-to-wall closets, and a contemporary kitchen with stainless steel appliances, including a rare gas stove. Step onto your private balcony complete with a gas BBQ hookup-perfect for outdoor entertaining. Enjoy exceptional building amenities, including an outdoor pool, fitness centre, party room, and 24-hour concierge. Unbeatable location just steps to the PATH, St. Andrew Subway Station, world-class dining, shopping, theatres, and Toronto's vibrant downtown lifestyle.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size900-999 sq. ft.
Maintenance Fees$990
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeCarport
Parking Spaces1
Parking FeaturesPrivate
Property Tax$5,447
mls© NumberC13681724
Listed ByRE/MAX ULTIMATE REALTY INC.
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes 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%
$6,137
Property tax
$454
Heat allowance
$150
Condo fees, half counted
$495
Housing costs
$7,236 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$223,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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