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1 / 0
New2 hours ago

304 - 320 Richmond Street E

Moss Park, Toronto

$319,999

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

Great starter or Investment. Welcome to this corner, bachelor suite unit with stainless steel appliances: Fridge, Stove, Dishwater, Microwave and ensuite laundry. Functional layout in the "Modern". Walk Score is 99. Transit Score 100. The unit features hardwood floors, ample closet space - 3 spacious closets for storage along with large window with a western view of the City. Residents enjoy an impressive collection of amenities including: fully equipped gym, sauna, panoramic city view from the rooftop patio with plunge pool & 24-hour concierge, along with dedicated meeting space and party rooms for hosting. Additional amenities include: bike storage and visitor parking. Located in the heart of downtown close to trendy coffee shops, restaurants and boutiques. Close to greenspace and an excellent proximity to all transit - TTC, Bus, Street Car. The Modern is one of Toronto's most connected downtown addresses with closet proximity to: Financial District, Distillery District, St Lawrence Market, Eaton Centre, George Brown and much more!

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size0-499 sq. ft.
Maintenance Fees$313
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$1,629
mls© NumberC13728932
Listed ByROYAL LEPAGE/J & D DIVISION
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC 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%
$1,638
Property tax
$136
Heat allowance
$150
Condo fees, half counted
$156
Housing costs
$2,080 / mo

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

Down payment20% · $64,000
25-yr amortization

Income needed

$64,000

gross annual household income

Payment at 4%
$1,347 / mo
Cash down
$64,000

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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