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New1 hour ago

1015 - 400 Adelaide Street E

Moss Park, Toronto

$580,000

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

Luxury 1+Den Condo Unit At The "Ivory Condo" By Plaza Corp. 673Sf (1+Den+2 Full Bath) with Good Size Balcony. Den With French Doors Is Ideal As A 2nd Bedroom/Office. Unobstructed North & Backsplash. Ensuite Washer/Dryer. Master Bedroom w/ Large W/I Closet & Ensuite Bath. 1 Parking & 1 Locker Included. Steps To TTC And George Brown College. Close to Highway. View. Great Layout. All Laminate Flooring. Modern Kitchen With S/S Appliances, Granite Counter Excellent Property For Self Use or For Investment.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$561
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,918
mls© NumberC13690894
Listed ByCENTURY 21 HERITAGE GROUP LTD.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$2,969
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$281
Housing costs
$3,643 / mo

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

Down payment20% · $116,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,441 / mo
Cash down
$116,000

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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