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New27 minutes ago

706 - 533 Richmond Street W

Waterfront Communities C1, Toronto

$849,000

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

An Incredible opportunity to call this Contemporary & Intimate Soft Loft Home. The conveniences are all within walking distance.This isn't called the Entertainment District for Nothing. An endless & incredible variety of Restaurants & Entertainment are all at your doorstep. The recently developed Waterworks complex features a Gourmet Food Hall, YMCA, St Andrews Playground & Dog Park. While THE ACE HOTEL contributes Perfectly to the Modern Vibe of the neighbourhood . With access to Toronto's expanding Bike Lane network & a Perfect Walk Score, this truly is a Walkers Paradise. Western Sunlight streams in the Floor to Ceiling oversized sliding glass doors highlighting the Concrete Ceiling & Feature Wall, while bringing an abundance of light into your living space. Unit #706 offers multiple Spacious Closest w/ Modern Built-ins. The Multi-Functional 2nd Bedroom is currently used as a Quiet Private Office with the option of converting back to 2 Bedrooms ( with a quick Closet Re-Install). Being one way streets w/bike lanes, Richmond & Portland offers a quieter setting apart from the bustling King & Queen Street West. A Unique Gas Line Hookup on the Balcony allows Gas cooking Inside and Out. Parking & Locker Included. Enjoy Your Visit !

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size900-999 sq. ft.
Maintenance Fees$1,271
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesStacked
Property Tax$3,829
mls© NumberC13800060
Listed ByREAL ESTATE HOMEWARD
Water Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$4,346
Property tax
$319
Heat allowance
$150
Condo fees, half counted
$636
Housing costs
$5,450 / mo

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

Down payment20% · $169,800
25-yr amortization

Income needed

$168,000

gross annual household income

Payment at 4%
$3,573 / mo
Cash down
$169,800

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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