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New1 hour ago

3907 - 38 Widmer Street

Waterfront Communities C1, Toronto

$699,000

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

Live In The Heart Of Toronto's Entertainment District, Just Steps To Osgoode Station, PATH, The Financial District, TIFF, Queen West, U Of T, TMU, Top Restaurants And Entertainment.This Southeast-Facing Corner Suite Offers 698 Sq.Ft. Of Total Living Space (638 Sq.Ft. Interior + 60 Sq.Ft. Balcony), Featuring A Bright Split-Bedroom Layout, Floor-To-Ceiling Windows, Quartz Countertops, Miele Appliances And Quality Finishes Throughout.Residents Enjoy Exceptional Amenities Including Indoor & Outdoor Pools, Fitness Centre, Yoga Studio, Golf Simulator, Visitor Parking, Keyless Entry And Co-Working Spaces.A Fantastic Opportunity For End Users And Investors To Own In One Of Downtown Toronto's Most Vibrant Neighborhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$512
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,529
mls© NumberC13745308
Listed ByFIRST CLASS REALTY INC.
Water Included
Common Elements Included
Building Insurance Included

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$3,578
Property tax
$377
Heat allowance
$150
Condo fees, half counted
$256
Housing costs
$4,361 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$134,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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