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New4 hours ago

3408 - 390 Cherry Street

Waterfront Communities C8, Toronto

$1,049,900

Condo Apartment |
2 | 2 | 1 | 0
About this home

CORNER SUB-PENTHOUSE LIVING, REDEFINED**A rare opportunity to own a sophisticated corner suite with spectacular, unobstructed southwest views of Lake Ontario and the Toronto skyline. This bright and spacious 2-bedroom Signature Suite features a desirable split-bedroom layout, offering both privacy and comfort, along with a dedicated custom office area ideal for working from home. Thoughtfully designed and beautifully appointed, the residence showcases Brazilian hardwood flooring, custom built-ins and bespoke shelving, organized closets with additional storage, specialty lighting, elegant privacy blinds, and a refined kitchen and baths. The expansive wraparound balcony creates a private outdoor retreat, perfectly positioned to enjoy morning sunshine, open lake views and the city skyline. Ideally located with walking distance of the TTC, Distillery District, waterfront, Sugar Beach, Harbourfront, trails, restaurants and downtown amenities. A rare combination of elevated position, exceptional light, expansive views and thoughtful custom finishes in one of Toronto's most sought-after waterfront neighbourhoods.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,056
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,283
mls© NumberC13784428
Listed ByHARVEY KALLES REAL ESTATE LTD.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
Parking Included
CAC 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%
$5,374
Property tax
$190
Heat allowance
$150
Condo fees, half counted
$528
Housing costs
$6,242 / mo

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

Down payment20% · $209,980
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,418 / mo
Cash down
$209,980

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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