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1 / 0
New2 hours ago

407 - 1055 Bay Street

Bay Street Corridor, Toronto

$524,900

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

Live In The Iconic Polo Club 1 By Premium Builder Tridel! This Spacious And Spotless 1-Bedroom Plus Den Layout Offers Well Over 700 Sq Ft Of Bright Living Space Along Toronto's Prime Bay Street Corridor. Steps To Queen's Park, U Of T, Yorkville, And Bloor Street Shops. The Versatile Sun-Drenched Solarium Easily Serves As A 2nd Bedroom Or A Private Home Office. The Updated Kitchen Features Elegant Granite Countertops And An Undermount Sink. Enjoy Gleaming Engineered Hardwood Floors, And A Renovated Bathroom With A Deep Soaker Jacuzzi Tub. Completely Move-In Ready! Major Building-Wide Upgrade Recently Completed With Brand New Windows Installed Throughout, And All Hallways Renovated. Enjoy Resort-Style Amenities: Fully Equipped Gym, Rooftop Terrace, Squash Court, And 24-Hour Concierge. Steps To Multiple Subway Lines, Hospitals, And The Financial District. Perfect For Professionals, Students, Or Investors.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$763
LockerOwned
BalconyNone
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,054
mls© NumberC13691970
Listed ByROYAL LEPAGE TERREQUITY SW REALTY
Heat Included
Hydro 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%
$2,687
Property tax
$254
Heat allowance
$150
Condo fees, half counted
$382
Housing costs
$3,473 / mo

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

Down payment20% · $104,980
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$104,980

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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