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New4 hours ago

1409 - 70 Distillery Lane

Waterfront Communities C8, Toronto

$450,000

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

PRICED TO SELL!!! Bright and well-appointed 1-bedroom suite in the sought-after Clear Spirit Condos located in Toronto's historic Distillery District. This functional layout offers approximately 538 sqft of efficient open-concept living space with floor-to-ceiling windows and a seamless walk-out to a private balcony. Enjoy a modern kitchen, spacious living/dining area, and a well-proportioned bedroom with ample storage. West-facing exposure provides abundant natural light throughout the day and beautiful sunset views with partial Lake Ontario sightlines from a high floor. Ideally located steps from transit, waterfront trails, cafes, restaurants, and boutique shops, this residence offers strong lifestyle appeal in one of Toronto's most vibrant neighbourhoods. Building amenities include a concierge, fitness center, outdoor pool, rooftop terrace, sauna, party room, and theatre room. Perfect for end-users or investors seeking a turnkey unit in a high-demand downtown location.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size500-599 sq. ft.
Maintenance Fees$539
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,609
mls© NumberC13831738
Listed ByRE/MAX Jazz INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC 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%
$2,303
Property tax
$217
Heat allowance
$150
Condo fees, half counted
$269
Housing costs
$2,940 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

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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