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New3 hours ago

601 - 117 Gerrard Street

Church-Yonge Corridor, Toronto

$409,900

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

Shows to perfection! Open concept condo Boasting Newer Kitchen And Bathroom With Quartz Countertops And Luxury Vinyl Floor, Updated Flooring Throughout, Bright And Sunny With Master Bedroom With Sliding Door. West Facing, Close To All Amenities, Boutique Building , Only 13 Floors With Rooftop Terrace, 24 Hour Concierge, Visitor Parking, Gym, Party Room, Steps To All Amenities. Walk To Yonge Street And The Eaton's Centre. Guest Parking And Close To Public Transportation. Turn key unit! Move in and put your feet up! Almont 700 square feet! Could be turned back into a 2 bedroom unit!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size600-699 sq. ft.
Maintenance Fees$854
LockerOwned
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,026
mls© NumberC13701402
Listed ByREMAX CONNECT REALTY
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Water 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%
$2,098
Property tax
$169
Heat allowance
$150
Condo fees, half counted
$427
Housing costs
$2,844 / mo

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

Down payment20% · $81,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,725 / mo
Cash down
$81,980

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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