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New2 hours ago

5306 - 138 Downes Street

Waterfront Communities C8, Toronto

$1,590,000

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

Sugar Wharf Luxury Condo by Menkes! Beautiful Corner Unit With Excellent South/East Water View, Marina Model 1,011 Sq. Ft. + 393 Sq. Ft Balcony (1,401 Sq. Ft.) Bright & Spacious Open Concept 3 Bedrooms Plus 3 Bathrooms. 1 Parking & 1 Locker , Internet included in the Maint. Fee. Step Away from Sugar Beach, Shops, Restaurant, Farm Boy, Loblaws, LCBO , Walking Distance to George Brown College, St. Lawrence Market, Union Station, CN Tower, Close To Gardiner /QEW. Direct Access To Future Park & Schools. Live in the Largest Toronto Water Front Community.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size1000-1199 sq. ft.
Maintenance Fees$1,220
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$7,450
mls© NumberC13694280
Listed ByRE/MAX CROSSROADS REALTY INC.
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,138
Property tax
$621
Heat allowance
$150
Condo fees, half counted
$610
Housing costs
$9,519 / mo

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

Down payment20% · $318,000
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$6,691 / mo
Cash down
$318,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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