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New2 hours ago

331 - 21 Nelson Street

Waterfront Communities C1, Toronto

$599,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Boutique Condos at 21 Nelson Street offer a stylish 2-bedroom suite in one of downtown Toronto's most sought-after locations. Featuring expansive floor-to-ceiling windows, this unit is filled with natural light and includes ensuite laundry along with individually controlled heating and A/C for year-round comfort.Ideally situated at Nelson and Simcoe, just steps to both King and Queen, you're in the heart of the Financial and Entertainment Districts. Located next to the renowned Shangri-La Hotel and within walking distance to University Avenue and two major subway lines.Residents enjoy premium amenities including a 24-hour concierge, guest suites, lap pool, and a fully equipped fitness centre-delivering a refined, hotel-inspired living experience in the core of the city.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$741
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,310
mls© NumberC13988374
Listed ByKELLER WILLIAMS EDGE REALTY
Heat Included
Water Included
CAC Included
Building Insurance 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%
$3,066
Property tax
$276
Heat allowance
$150
Condo fees, half counted
$370
Housing costs
$3,862 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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