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New5 hours ago

1012 - 501 Yonge Street

Church-Yonge Corridor, Toronto

$999,000

Condo Apartment |
3 | 2 | 1 | 0
About this home

Southwest Corner Unit, Luxury 3B + 2Baths with Rare Two Balconies in the heart of downtown Toronto at Yonge & Wellesley. Short distance to Yonge & Bloor, University of Toronto, Toronto Metropolitan University, Yonge & Dundas, Eaton Centre, subway stations and much more! Enjoy beautiful South-West views with floor-to-ceiling windows, two balconies, sleek contemporary finishes. Building amenities incl: a top-grade fitness room, yoga room, outdoor pool and lounging deck, BBQ areas, outdoor zen garden and more.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size900-999 sq. ft.
Maintenance Fees$824
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,018
mls© NumberC13705242
Listed ByHOMELIVING EMPIRE REALTY INC.
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%
$5,113
Property tax
$418
Heat allowance
$150
Condo fees, half counted
$412
Housing costs
$6,094 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

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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