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New28 minutes ago

709 - 1 Scott Street

Waterfront Communities C8, Toronto

$339,000

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

This freshly painted studio at 1 Scott St offers a layout designed to make good use of its compact footprint. The modern kitchen is complemented by one of the suite's smartest features: a built-in seating area that creates a dedicated spot for dining or working from home, complete with a shelf, built-in light and storage underneath. Closet built-ins, a separate locker and ensuite laundry add valuable everyday storage and function, while the bathroom features a walk-in shower. Beyond the suite, residents have access to a library, lounge, games room, gym, sauna, theatre, outdoor pool, guest suites and visitor parking. The location makes living without a car especially practical: King Station is approximately a 5-minute walk, Union Station is about 10 minutes away, and the 504 King streetcar and 97 Yonge bus are nearby. No Frills, Metro and St. Lawrence Market are all within walking distance, along with Cafe Landwer, Meridian Hall, the Hockey Hall of Fame and Scotiabank Arena. An efficient option for a first home, downtown pied-à-terre or Toronto base for a student, with useful storage, extensive amenities and downtown connectivity built into the address.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleBachelor/Studio
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$312
LockerOwned
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$1,849
mls© NumberC13764960
Listed ByBSPOKE REALTY INC.
Heat Included
Water Included
CAC Included
Building Insurance Included
Common Elements 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%
$1,735
Property tax
$154
Heat allowance
$150
Condo fees, half counted
$156
Housing costs
$2,195 / mo

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

Down payment20% · $67,800
25-yr amortization

Income needed

$68,000

gross annual household income

Payment at 4%
$1,427 / mo
Cash down
$67,800

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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