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New28 minutes ago

304 - 11 St Joseph Street

Bay Street Corridor, Toronto

$525,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to Eleven Residences, one of the Bay Street Corridor's most distinctive addresses! This bright 1-bedroom, 1-bathroom suite comes complete with 1 parking space and 1 locker - a rare combination downtown - plus ALL utilities included in the maintenance fees for truly worry-free living. Set in a striking 17-storey red-brick building that blends restored heritage architecture with modern design, Eleven Residences offers boutique-scale living. Enjoy an open-concept layout and a functional floor plan that makes smart use of every square foot. Residents love the full suite of amenities: 24-hour concierge, fitness centre, party room, boardroom, and a rooftop terrace with hot tub and BBQs - perfect for entertaining with skyline views. The location is simply unbeatable, with a near-perfect Walk and Transit Score of 99. Tucked on a quiet, tree-lined side street between Yonge and Bay, you're steps to Wellesley Station and the Yonge-University subway line, University of Toronto, Toronto Metropolitan University, and Queen's Park. Stroll to Yorkville and Bloor Street's designer shopping, the Eaton Centre, and the Financial District, or grab groceries at nearby Rabba and Shoppers Drug Mart. Countless restaurants, cafes, and nightlife options surround you in every direction. Ideal for professionals, students, first-time buyers, and investors alike - this is a turnkey opportunity to own in one of downtown Toronto's most walkable and well-connected neighbourhoods. Move in and enjoy everything the city has to offer, right at your doorstep!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$706
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesCovered, Private
Property Tax$3,423
mls© NumberC13720794
Listed BySTRATA REAL ESTATE
Heat Included
Water Included
Hydro 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%
$2,687
Property tax
$285
Heat allowance
$150
Condo fees, half counted
$353
Housing costs
$3,475 / mo

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

Down payment20% · $105,000
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,209 / mo
Cash down
$105,000

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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