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New3 hours ago

1006 - 20 Richardson Street

Waterfront Communities C8, Toronto

$384,800

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

The Daniels-built "Lighthouse East" - One of Toronto's premier downtown addresses. This thoughtfully designed and very efficient Junior 1BR suite with modern finishes maximizes every square foot while providing an abundance of natural light and contemporary urban style. Residents enjoy access to a very impressive collection of resort-style amenities including a fully equipped fitness center, yoga studio, theatre room, party and social lounges, BBQ terrace, tennis and basketball facilities, 24 hour concierge and more! In this rapidly developing neighbourhood, you're steps from the St Lawrence Market, The Distillery District, The Financial District, Scotiabank Arena, The Waterfront Trail, Cherry Beach & Harbourfront attractions. Education and employment opportunities are unmatched at this prime location; George Brown's waterfront campus is right downstairs while the St James campus is also easily accessible. Many convenient transit connections to U of T, Toronto Metropolitan University & OCAD University make this a unique opportunity for students, educators & healthcare professionals. An absolutely ideal option for first-time buyers, investors, young professionals or those seeking a sophisticated pied-a-terre in one of Toronto's most desirable communities.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$385
LockerOwned
BalconyJuliette
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,081
mls© NumberC13643922
Listed ByROYAL LEPAGE SIGNATURE REALTY
Water Included
Building Insurance Included
Common Elements 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%
$1,970
Property tax
$173
Heat allowance
$150
Condo fees, half counted
$193
Housing costs
$2,485 / mo

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

Down payment20% · $76,960
25-yr amortization

Income needed

$76,000

gross annual household income

Payment at 4%
$1,619 / mo
Cash down
$76,960

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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