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New2 hours ago

611 - 425 Front Street E

Waterfront Communities C8, Toronto

$501,800

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

Canary House is located in the heart of Toronto's Downtown East, Canary District. The building is designed with natural elements, sophisticated finishes and hotel inspired amenities. This brand new 2 Bed + Den, 2 Bath Unit is 556 SF of open concept living with 9 ceilings and a Juliette balcony. Located just minutes from the historic Distillery District, the 18-acre Corktown Common Park with 1,800 km of connected trails, the Cooper Koo Family YMCA, Lake Ontario, and Cherry Beach. TTC is at your doorstep allowing quick access to the city core and major highway access via the DVP & Gardiner Expressway will take you any where else you might need to go. This unit has been virtually staged. Bulk Internet Fee $56.50 Per Month Extra.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$395
LockerNone
BalconyJuliette
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,238
mls© NumberC13702120
Listed ByBAKER REAL ESTATE INCORPORATED
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%
$2,568
Property tax
$270
Heat allowance
$150
Condo fees, half counted
$197
Housing costs
$3,186 / mo

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

Down payment20% · $100,360
25-yr amortization

Income needed

$98,000

gross annual household income

Payment at 4%
$2,112 / mo
Cash down
$100,360

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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