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New3 hours ago

LPH2601 - 21 Grand Magazine Street

Niagara, Toronto

$1,950,000

Condo Apartment |
2 + 1 | 3 | 1 | 1
About this home

Rarely offered 1,888 sq. ft. lower penthouse corner suite in the award-winning West Harbour City II, offering spectacular unobstructed views of Lake Ontario, Toronto Island Airport and the Waterfront! Flooded with natural light through floor to ceiling windows and enhanced by 10 ft ceilings, this exceptional residence features an open concept living space with walkout to a balcony, designed both for everyday living and entertaining. The thoughtfully designed layout offers a split bedroom plan with an expansive primary retreat featuring a private balcony, five piece ensuite and his and hers closets. The second bedroom offers its own ensuite bath, walk in closet and private balcony overlooking the lake. The den, with custom built ins and a two-sided fireplace can easily function as a home office or media room. Residents enjoy 24-hour concierge service, indoor pool, hot tub, sauna, fitness centre, party room, guest suites and more. Ideally located steps to the waterfront, parks, trails, transit and downtown conveniences, this is a rare opportunity to own one of the most desirable suites in Toronto's premier waterfront community!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1800-1999 sq. ft.
Maintenance Fees$1,605
LockerOwned
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$7,209
mls© NumberC13851152
Listed BySignature Elite Realty 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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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$9,981
Property tax
$601
Heat allowance
$150
Condo fees, half counted
$802
Housing costs
$11,534 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$355,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

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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