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1003 - 438 Richmond Street W
Waterfront Communities C1, Toronto
$675,000
Your perfect space in the perfect location has arrived. Large 800+sf newly renovated suite in well renowned art deco style building "The Morgan". More like a solid NYC luxury apartment than your typical cookie cutter glass and concrete condo in Toronto. This building was built to last, is well maintained and comes complete with 24 hour concierge, in house gym, party room, meeting room, library, and *free* underground visitor parking. Location location location: The Morgan offers the ultimate in convenience with shops, restaurants and the best entertainment in the city. You also get your own underground parking space and storage locker included in this price!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | --- |
| mls© Number | C13719820 |
| Listed By | REAL ESTATE HOMEWARD |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,455
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $3,605 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$111,000
gross annual household income
- Payment at 4%
- $2,841 / mo
- Cash down
- $135,000
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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