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New5 days ago

5308 - 70 Temperance Street

Bay Street Corridor, Toronto

$558,000

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

High-floor 1+1 bedroom suite at INDX Condos with south exposure, open balcony and clear city and lake views. Approximately 575 sq ft per floor plan. Functional open-concept layout with built-in appliances, floor-to-ceiling windows and a separate den. Steps to Bay Street, the Financial District, Eaton Centre, subway, dining and shopping.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$497
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,552
mls© NumberC13701314
Listed ByBAY STREET GROUP INC.
Heat Included
CAC Included
Common Elements 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%
$2,856
Property tax
$296
Heat allowance
$150
Condo fees, half counted
$248
Housing costs
$3,550 / mo

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

Down payment20% · $111,600
25-yr amortization

Income needed

$109,000

gross annual household income

Payment at 4%
$2,348 / mo
Cash down
$111,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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