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New2 hours ago

905 - 909 Bay Street

Bay Street Corridor, Toronto

$559,000

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

Wow! Extremely bright (South Exposure)gorgeous luxury condo in the heart of the city of Toronto. ( Bay Corridor).One of downtown's most convenient and desirable locations. Well managed building. Upgrades include: Gorgeous hi quality Hardwood floors.( 2020) Stunning kitchen with mirror backsplash, granite counter top ,quality French finish kitchen cabinets. (brand new s/s side by side fridge). B/I dishwasher .S/S exhaust fan, flat stove top, beautiful mirror Walls in the hallway and dining room. Wall |to wall mirror closet in the entrance. Large balcony with South exposure.9 foot ceiling in the kitchen and hallway .One underground parking and one locker is included.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$694
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,235
mls© NumberC13879966
Listed ByHOMELIFE CLASSIC REALTY INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,861
Property tax
$270
Heat allowance
$150
Condo fees, half counted
$347
Housing costs
$3,628 / mo

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

Down payment20% · $111,800
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,352 / mo
Cash down
$111,800

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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