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New3 hours ago

5012 - 88 Queen St. East Street

Church-Yonge Corridor, Toronto

$530,000

Condo Apartment |
1 + 1 | 2 | 0 | 1
About this home

PRICED TO SELL! Exceptional suite in luxury building at 88 Queen St. E, High Floor, offering elevated downtown living with sweeping city views from every room. This bright and spacious 1-bedroom plus den with 2-bathroom residence feels light 2 bedrm for the price of 1+den, features an open concept layout with upgraded flooring, upgraded spa-inspired bathrooms and a modern kitchen with upgraded cabinetry, countertops, and backsplash. Floor to ceiling windows fill the space with natural light, while the living area and the bedroom both walk out to a generous balcony, perfect for enjoying the city skyline day and night. Residents enjoy 24-hour concierge, security guard and video surveillance. The upscale amenities include an outdoor infinity pool, hot tub and terrace with cabanas and BBQ's, a gym, yoga studio, theatre, co-working and elegant fireplace lounges, a chef's kitchen and guest suites. Ideally located with 10/10walk, transit scores, and Queen subway station. Steps to adjoining concourse with shops, cafes, salon/barber, child care, dog spa and NO FRILLS grocery store. Walk to Eaton Centre, Financial District, TMU, St. Michael's Hospital, Massey Hall and Mirvish Theatre. A vibrant, connected lifestyle in the heart of the city-an excellent opportunity for both end-users and investors alike.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$470
LockerEnsuite+Exclusive
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax---
mls© NumberC13772198
Listed ByREMAX YOUR COMMUNITY REALTY
Common Elements Included
Building Insurance Included
CAC Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,713
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$235
Housing costs
$3,098 / mo

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

Down payment20% · $106,000
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

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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