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1 / 0
New2 hours ago

5505 - 8 The Esplanade N/A

Waterfront Communities C8, Toronto

$816,640

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

Unit 5505 At The L Tower Is A Fantastic North East Corner Unit That Offers Fantastic 1 Bedroom Plus Den And 2 Bath Setup With Breathtaking City And Water Views! Floor To Ceiling Window Throughout, Filling The Entire Unit With Light. Steps To St Lawrence Market, Union Station, Financial Centre, Entertainment, The Distillery, The Harbour Front, Scotiabank Arena, Roger Centre And The Airports. Living In The 6Ix Cannot Get Any More Convenient Than This Location. Building Amenities: Gym, Indoor Pool, Sauna, Theatre Room, Party/Meeting Room, Guest Suites Etc.*** Photos Are From Previous Listing And Does Not Reflect The Exact State/Furniture of Current Tenant; However, The Finishes and Layout Remain the Same***

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,025
LockerOwned
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,164
mls© NumberC13716558
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Water Included
Heat Included
CAC Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,180
Property tax
$430
Heat allowance
$150
Condo fees, half counted
$513
Housing costs
$5,273 / mo

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

Down payment20% · $163,328
25-yr amortization

Income needed

$162,000

gross annual household income

Payment at 4%
$3,437 / mo
Cash down
$163,328

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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