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New2 days ago

708 - 75 Queens Wharf Road

Waterfront Communities C1, Toronto

$510,000

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

Corner Unit With Lake Views ( S / W Exposure)! Floor-To-Ceiling (9Ft) Windows! 673 Sq-Ft. City Living At Its Finest, Very Functional Layout. Balcony, En Suite Laundry, Quartz Stone Countertop. 24Hrs Concierge, Movie Room, Guest Suites, Fitness Center, Indoor Pool Etc. Steps To Streetcar, Library, School, Walk To Restaurants, Public Transit, King West, Billy Bishop Airport & Waterfront. Property is tenanted. Tenant willing to stay.

Extras

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$542
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,820
mls© NumberC13683618
Listed ByCITYSCAPE REAL ESTATE LTD.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC 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%
$2,610
Property tax
$235
Heat allowance
$150
Condo fees, half counted
$271
Housing costs
$3,267 / mo

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

Down payment20% · $102,000
25-yr amortization

Income needed

$101,000

gross annual household income

Payment at 4%
$2,146 / mo
Cash down
$102,000

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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