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New1 hour ago

4903 - 832 Bay Street

Bay Street Corridor, Toronto

$956,000

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

Penthouse NW corner bird's-eye U of T / Queen's Park views 916 sqft. Luxury penthouse living at The Burano in the heart of downtown Toronto! This exceptional Northwest corner suite offers approximately 916 sq. ft. of bright, spacious living with breathtaking bird's-eye panoramic views overlooking U of T, Queen's Park, the city skyline and lake. Featuring 2 bedrooms + den, with the spacious den easily adaptable as a 3rd bedroom. Soaring 10-ft ceilings, floor-to-ceiling windows and beautiful new vinyl flooring create an elegant and sun-filled living space.Enjoy exceptional building amenities on the 3rd floor and an unbeatable downtown location just steps to U of T, TMU, TTC College Station, farmboy, College Park and underground shopping. A rare opportunity to own a prestigious corner penthouse with spectacular views and strong rental potential-ideal for both end users and investors.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size900-999 sq. ft.
Maintenance Fees$783
LockerOwned
BalconyEnclosed
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,874
mls© NumberC13714300
Listed ByRE/MAX IMPERIAL REALTY INC.
Parking Included
Common Elements Included
Water 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%
$4,893
Property tax
$490
Heat allowance
$150
Condo fees, half counted
$391
Housing costs
$5,924 / mo

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

Down payment20% · $191,200
25-yr amortization

Income needed

$182,000

gross annual household income

Payment at 4%
$4,023 / mo
Cash down
$191,200

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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