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New24 hours ago

700 - 38 Avenue Road

Annex, Toronto

$4,880,000

Condo Apartment |
3 | 4 | 3 | 1
About this home

Join the residents of The Prince Arthur, nestled between Yorkville and The Annex, and experience the luxury of privacy with an attentive Concierge, valet parking and the delivery of packages to your suite in one of Toronto's most sought after locations. Enjoy the space (approx. 3,115 sq ft) combining quality traditional finishing and built-ins with a renovated modern kitchen featuring exquisite high-end appliances. A thoughtful layout presents several separate private areas: primary/sitting room bedroom and second bedroom at one end, 3rd bedroom at the opposite end, a double door private library off the living room and separate formal dining room with a balcony. There are 3 bedrooms, 4 washrooms, library, 3 parking spaces, 2 lockers and 2 balconies for your family to enjoy. The south tower has a welcoming lobby entrance with tasteful art and decor. Generous ensuite laundry area with laundry sink. Wonderful amenities include the Annex and Yorkville Lounges, Fitness and Rejuvenation Center with sauna, theatre, library and car wash. Live in the innovative and cultural heart of Toronto.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size3000-3249 sq. ft.
Maintenance Fees$4,988
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces3
Parking FeaturesNone
Property Tax$21,431
mls© NumberC13686632
Listed BySUTTON GROUP OLD MILL REALTY INC.
Heat Included
Water 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%
$24,978
Property tax
$1,786
Heat allowance
$150
Condo fees, half counted
$2,494
Housing costs
$29,408 / mo

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

Down payment20% · $976,000
25-yr amortization

Income needed

$905,000

gross annual household income

Payment at 4%
$20,536 / mo
Cash down
$976,000

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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