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New2 hours ago

1608 - 85 Bloor Street E

Church-Yonge Corridor, Toronto

$459,900

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

This is-a spacious and efficiently laid-out 1-bedroom plus den offering 607 sq. ft. of comfortable living. Unlike many compact downtown condos, this home gives you room to live and relax, with a den that could easily function as a second bedroom, home office or guest space.The all-inclusive maintenance fees cover your utilities, making monthly budgeting predictable. And when it comes to location, it's hard to beat. You're just steps from Yonge & Bloor and the Bloor-Yonge subway station, providing easy access to both Line 1 and Line 2 and putting virtually the entire city within reach.Longo's is directly across the street for everyday groceries, while an incredible variety of restaurants, cafés and shops are all within a very short walk. The University of Toronto is also easily accessible on foot, making this an excellent option for students, professionals or anyone who wants the convenience and energy of downtown living.A rare opportunity to enjoy the best of the city without feeling like you're living in a shoebox!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$754
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,979
mls© NumberC13714114
Listed ByRE/MAX PROFESSIONALS INC.
Building Insurance Included
Water Included
Common Elements Included
Hydro Included
Heat Included
CAC 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%
$2,354
Property tax
$248
Heat allowance
$150
Condo fees, half counted
$377
Housing costs
$3,129 / mo

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

Down payment20% · $91,980
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$1,935 / mo
Cash down
$91,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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