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New2 hours ago

1119 - 20 Edward Street

Bay Street Corridor, Toronto

$560,000

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

Bright & Modern One-Bedroom Suite at Panda Condo! Excellent and highly functional layout with modern finishes throughout. East-facing unit featuring a private balcony and beautiful city views. Open-concept living and dining area with 9-ft ceilings and floor-to-ceiling windows offering abundant natural light. Modern open kitchen with built-in appliances. Ideally located at Yonge & Dundas in the heart of downtown Toronto. Exceptional building amenities include 24-hour concierge, Outdoor basketball court, gym, BBQ, dance/yoga studio, party room, study library, private theatre, games room, karaoke room. T&T Supermarket conveniently located downstairs. Steps to Eaton Centre, Dundas Square, TTC subway, Toronto Metropolitan University, University of Toronto, restaurants, shopping and entertainment. Close to SickKids Hospital and Mount Sinai Hospital. Excellent location for students, professionals and investors!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$287
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,023
mls© NumberC13727638
Listed ByBAY STREET GROUP INC.
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%
$2,866
Property tax
$252
Heat allowance
$150
Condo fees, half counted
$143
Housing costs
$3,412 / mo

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

Down payment20% · $112,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,357 / mo
Cash down
$112,000

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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