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New23 hours ago

403 - 199 Richmond Street W

Waterfront Communities C1, Toronto

$415,000

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

Studio Condos On Richmond! Stunning 1 Bedroom & Bath! Upgraded Throughout Offering 9 Ft Ceilings, Brand New Laminate Flooring, Upgraded Kitchen W/ Tons Of Cabinetry, Quartz Counters, Undermount Sink, Valence Lighting, Tiled Backsplash, Built In Appliances. Upgraded 4 Pc Bath W/Subway Tile Tub Surround, And 12" * 24" Porcelain Tiles. Floor To Ceiling Windows, Balcony, Large Bedroom W/ Double Closet. Fantastic Location In The Very Heart Of Downtown Toronto. Walking Distance To Subway, Entertainment District, Universities, Hospitals, Financial District, Art Galleries, Theatres, Osgoode Hall, Fine Dining.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$576
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,524
mls© NumberC13686514
Listed ByRE/MAX PREMIER INC.
Heat Included
Common Elements Included
Building Insurance 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%
$2,124
Property tax
$210
Heat allowance
$150
Condo fees, half counted
$288
Housing costs
$2,773 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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