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1 / 0
New1 hour ago

1011 - 25 Richmond Street E

Church-Yonge Corridor, Toronto

$448,900

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

Welcome to Unit 1011 at 25 Richmond Street East! This bright and spacious west facing 1 bedroom suite offers an exceptional downtown lifestyle in the heart of the city. Enjoy stunning afternoon and evening light from the oversized balcony. A rare outdoor space perfect for entertaining, relaxing, or taking in the city views. The thoughtfully designed layout offers comfortable living and dining areas, a well-appointed kitchen, and a generous bedroom. Located steps from the best of downtown Toronto, including restaurants, shopping, transit, entertainment, and the financial district. A fantastic opportunity for first-time buyers, investors, or anyone looking for a stylish urban home with an impressive outdoor space.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$415
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,486
mls© NumberC13816410
Listed BySKYLETTE MARKETING REALTY INC.
Common Elements Included
Water Included
Heat Included
Building Insurance Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,298
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$207
Housing costs
$2,862 / mo

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

Down payment20% · $89,780
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,780

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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