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New1 hour ago

604 - 50 Power Street

Moss Park, Toronto

$610,000

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

Sophisticated East-Facing 2 Bedroom, 2 Bathroom Residence With Parking And Locker At 50 Power. This Beautifully Appointed Suite Features A Highly Desirable Split-Bedroom Layout, Unobstructed East Views And A Private Terrace Overlooking The City. Expansive Windows Throughout, Including In Both Bedrooms, Fill The Residence With Natural Light And Showcase The Open Skyline Views. Thoughtfully Designed With 9' Smooth Ceilings, A Sleek Contemporary Kitchen With Stainless Steel Appliances, Custom Closet Organizers, Window Coverings And Upgrades Throughout. Ideally Situated In One Of Downtown Toronto's Most Dynamic Neighbourhoods, With TTC At Your Doorstep And St. Lawrence Market, The Distillery District, Corktown, Exceptional Dining, Shopping And Everyday Conveniences Just Moments Away. An Elevated Urban Residence Offering Style, Space And Exceptional City Living.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$532
LockerOwned
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,338
mls© NumberC13877536
Listed BySKYLETTE MARKETING REALTY INC.
Common Elements Included
Building Insurance Included
Parking 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%
$3,122
Property tax
$278
Heat allowance
$150
Condo fees, half counted
$266
Housing costs
$3,816 / mo

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

Down payment20% · $122,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,567 / mo
Cash down
$122,000

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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