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New3 hours ago

2501 - 955 Bay Street

Bay Street Corridor, Toronto

$809,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Executive 2Br+Den/2Bath Unit In The Magnificent Hotel Style The Britt Condo At Bay/Wellesley. Bright And Sunny W/Fabulous Layout W/Large Balcony And Clear View. Two Full Baths Include One Shower. Modern Kitchen With B/I Appliances, Quartz Countertop. Steps To Uoft And Ryerson U, Wellesley Subway, 24Hrs Supermarket, Yorkville Shops & Financial Districts! Top Prime Location! ***Virtually Staged Photos***

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$646
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,283
mls© NumberC13692446
Listed ByRE/MAX PARADIGM REAL ESTATE
CAC Included
Common Elements Included
Heat 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%
$4,141
Property tax
$357
Heat allowance
$150
Condo fees, half counted
$323
Housing costs
$4,971 / mo

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

Down payment20% · $161,800
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,404 / mo
Cash down
$161,800

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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