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409 - 889 Bay Street
Bay Street Corridor, Toronto
$535,000
Bright, west-facing 1-bedroom condo with parking and locker in an unbeatable downtown location. Large windows fill the unit with natural light, while the spacious balcony is perfect for enjoying the afternoon and evening sun. The kitchen is finished with a higher-end stainless steel KitchenAid appliance package and breakfast bar. In the bedroom you'll find a large walk-through closet leading to the semi-ensuite bathroom. A generously sized laundry closet offers loads of additional storage (almost like a second locker). Upgraded blinds are found in both the living room and bedroom. Parking and locker are included. For your convenience the building features a professional 24-hour concierge service, gym, party room, visitor parking and modern FOB activated elevators. Maintenance fees are inclusive of all utilities! Walk to Wellesley and College subway stations, U of T, TMU, hospitals, shops, restaurants and everything else downtown has to offer. Some furniture can be included in the sale.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $761 |
| Locker | Ensuite+Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,023 |
| mls© Number | C13745586 |
| Listed By | EXP REALTY |
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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,738
- Property tax
- $252
- Heat allowance
- $150
- Condo fees, half counted
- $381
- Housing costs
- $3,521 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,251 / mo
- Cash down
- $107,000
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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