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New2 hours ago

1839 - 135 Lower Sherbourne Street

Moss Park, Toronto

$475,000

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

Bright & Spacious 1+1 Bedroom Suite With A Rare Enclosed Den That Can Easily Be Used As A Second Bedroom, Guest Room Or Dedicated Home Office! Freshly Painted Throughout, This 570 SF East-Facing Unit Offers Excellent Natural Light And A Functional Layout. Features Include Laminate Flooring Throughout, Floor-To-Ceiling Windows, A Modern Kitchen With Quartz Countertops, Ceramic Backsplash And Full Suite Of Built-In Stainless Steel Appliances, A 4-Piece Bathroom, And A Generous Primary Bedroom With Walk-In Closet. The Living Room Walks Out To A Private Balcony With Beautiful Lake Views, Plus A Lovely View Of The Rooftop Pool Below. Excellent Building Amenities Include 24-Hr Concierge, Modern Lobby, Gym, Party Room, Rooftop Terrace, Visitor Parking, Swimming Pool And More. Located In The Heart Of Downtown Toronto, Just Steps To St. Lawrence Market, No Frills, Restaurants, Shops, The Distillery District And Waterfront, With Easy Access To TTC, DVP And The Downtown Core. Move-In Ready. High Speed Wi-Fi Is Included In the Management Fee. Perfect Opportunity For First-Time Buyers, Young Professionals, Small Families Or Investors Looking For Exceptional Downtown Convenience And Lifestyle Living.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$492
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,570
mls© NumberC13825662
Listed ByHOMELIFE NEW WORLD REALTY INC.
Heat Included
Water Included
Building Insurance Included
Common Elements Included

Listing History

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  • 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%
$2,431
Property tax
$214
Heat allowance
$150
Condo fees, half counted
$246
Housing costs
$3,042 / mo

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

Down payment20% · $95,000
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$1,999 / mo
Cash down
$95,000

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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