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3113 - 38 Elm Street
Bay Street Corridor, Toronto
$539,000
RARE CONDO WITH 2 PARKINGS. Absolutely gorgeous unit with CN Tower & city views. Prime location of downtown. It comes with 1 bedroom with 5-pc Ensuite bathroom, big walk-in closet and 2 bathrooms in total. 1 exclusive locker as well. The most desired layout in the entire building. Gym, patio-access, kids play area, 24 hrs concierge.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $1,047 |
| Locker | Exclusive |
| Balcony | None |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $3,077 |
| mls© Number | C13775346 |
| Listed By | HOMELIFE SILVERCITY REALTY INC. |
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%
- $2,759
- Property tax
- $256
- Heat allowance
- $150
- Condo fees, half counted
- $523
- Housing costs
- $3,689 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$113,000
gross annual household income
- Payment at 4%
- $2,268 / mo
- Cash down
- $107,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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