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New18 hours ago

1408 - 318 Richmond Street W

Waterfront Communities C1, Toronto

$639,000

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

A Must See In Person! Live In A Exquisite Picture-Perfect Suite At The Iconic Picasso Building. A Rare 671 Square Feet + Balcony Suite With Lots Of Great Natural Light Beaming Through The Large Floor-To-Ceiling Windows Right Into The Suite Creating An Inviting Atmosphere That's Both Functional And Stylish. Very Efficiently Laid Out 1+1 Bedroom With Den & Full Bath. Has Great Separation Between Living Room & Bedroom & Den. Big Open Concept Living-Dining Area. The Suite Features A Modern Open Concept Cornered Kitchen. Includes A Den That's Ideal For A Home Office. Walkout To A Spacious Balcony With Privacy And A View Of The CN Tower. An Open Spacious Entry Foyer Efficiently Separated From The Rest Of The Suite. Convenient Access To Your Personally Owned Private Underground Garage Parking Spot. The Suites Maintenance Fees Include Water, Heat, AC And Is Only 0.89 Per Foot. This Suite Has Been Cared For And Strategically Upgraded Overtime And Is Move In Ready. Ready To Create Memories. This Suite Checks All Of Your Wishlist Boxes. The Picasso Building Is Ideally Situated In The Heart Of Downtown West, Has Great Amenities With Massive State-Of-The-art Fitness Centre, Party Room, Recreation Lounge, Rooftop Terrace & 24/7 Concierge With Everyday Essentials Available Across The Street Such As No Frills And Independent City Market. Excellent Transit Access, Including TTC Streetcars And Subway Connections, Makes Commuting A Breeze, While Easy Access To The Gardiner Expressway Keeps All Parts Of The City Within Reach. Live Where Entertainment, Culture, And Convenience Come Together!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$602
LockerNone
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,383
mls© NumberC13688484
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
CAC 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%
$3,271
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$301
Housing costs
$4,004 / mo

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

Down payment20% · $127,800
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,689 / mo
Cash down
$127,800

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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