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New2 hours ago

516 - 1177 Yonge Street

Rosedale-Moore Park, Toronto

$1,199,000

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

An exceptional opportunity to enjoy a maintenance-free lifestyle in the heart of Yonge & Summerhill! Unit 516 is an exceptionally spacious 1,471 sq. ft. residence offering generous principal rooms, tons of natural light and beautiful south- and east-facing treetop views. An ideal city home for downsizers, the thoughtful layout is perfect for both everyday living and entertaining. Dramatic curved wrap-around windows fill the expansive living room with light and frame the wonderful treed views, while a fireplace and custom built-ins add warmth and character. The separate formal dining room comfortably seats eight and offers a beautiful setting for dinner parties and gatherings. The updated kitchen features stone countertops, tiled backsplash, stainless steel appliances and ample cabinetry. Hardwood floors throughout.The spacious primary retreat features a large walk-in closet with custom built-ins and a modern ensuite with floating double vanity, deep soaker tub and separate glass-enclosed shower. A generous second bedroom and second full bathroom complete the space. The Ports is a coveted boutique building in one of Toronto's most desirable neighbourhoods, offering 24-hour concierge, gym, sauna, games room, private gardens and tennis court. Automatic accessibility doors provide convenient access to Yonge Street and the parking levels, along with a mobility access ramp. Enjoy the very best of Summerhill just outside your door - a short walk to incredible restaurants, cafés, shops and boutiques, Summerhill TTC station and nearby ravine trails for walking, running and hiking. Includes one underground parking space and a private locker room conveniently located directly behind the parking space.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$2,150
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,972
mls© NumberC13845070
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Cable TV Included
Common Elements Included
Building Insurance Included
Parking Included
Water 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%
$6,137
Property tax
$498
Heat allowance
$150
Condo fees, half counted
$1,075
Housing costs
$7,860 / mo

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

Down payment20% · $239,800
25-yr amortization

Income needed

$242,000

gross annual household income

Payment at 4%
$5,046 / mo
Cash down
$239,800

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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