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PH2 - 255 Richmond Street E
Moss Park, Toronto
$460,000
Downtown living with a south-facing exposure and natural light. This penthouse suite offers approximately 588 sq. ft. of well-laid-out interior space plus a private balcony. The open-concept living and dining area flows seamlessly to the balcony, making the most of the south exposure. The separate bedroom features a walk-in closet. The building has concierge service and a full range of amenities. One owned locker Included. Step outside and you're walking distance to St. Lawrence Market, the Distillery District, TTC, and some of the city's best restaurants and cafes. Note: Some photos were taken during a prior staging period.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $520 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,617 |
| mls© Number | C13747308 |
| Listed By | SUTTON GROUP OLD MILL REALTY INC. |
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%
- $2,354
- Property tax
- $218
- Heat allowance
- $150
- Condo fees, half counted
- $260
- Housing costs
- $2,982 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$92,000
gross annual household income
- Payment at 4%
- $1,936 / mo
- Cash down
- $92,000
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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