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New3 hours ago

1404 - 500 St Clair Avenue W

Humewood-Cedarvale, Toronto

$549,000

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

Sophisticated Condo Living In The Heart Of South Forest Hill, Complete With The Added Convenience Of One Underground Parking Space. Offering A Total Of 603 Sq. Ft. Including The Balcony, This Contemporary One-Bedroom Residence Delivers An Exceptional Combination Of Style, Comfort, And Connectivity. Featuring Hardwood Flooring Throughout, A Rare Walk-In Closet, Custom Window Blinds, And A Well-Appointed Kitchen With Granite Countertops And A Custom Glass Backsplash. The Included Underground Parking Space Is A Valuable Added Benefit In This Highly Connected Midtown Location. Ideally Situated Just Steps From St. Clair Subway Station With Multiple Transit Options At Your Doorstep, And Surrounded By An Excellent Selection Of Dining, Shopping, And Everyday Amenities. With BBQs Permitted And Access To The Building's Impressive Amenities, This Is An Exceptional Opportunity To Enjoy Refined South Forest Hill Living With The Benefit Of Dedicated Parking.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$626
LockerEnsuite
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,715
mls© NumberC13767268
Listed ByRE/MAX REALTRON BARRY COHEN HOMES INC.
Common Elements Included
Parking Included
CAC Included
Heat Included
Water Included

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%
$2,810
Property tax
$226
Heat allowance
$150
Condo fees, half counted
$313
Housing costs
$3,499 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

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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