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New2 hours ago

505 - 159 Dundas Street E

Church-Yonge Corridor, Toronto

$529,000

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

Big City Energy. Room to Breathe.Who says downtown living has to mean compromising on space? Welcome to Suite 505 at PACE Condos, where approximately 679 square feet are put to very good use. This bright, south-facing 1+1 bedroom suite offers an open-concept living and dining area, floor-to-ceiling windows, modern finishes and a private balcony for your morning coffee or evening wind-down. The real plot twist? A genuinely useful den with a closet that can moonlight as a home office, guest room or whatever life calls for next. Add two full bathrooms (because sharing is overrated), ensuite laundry and a layout that actually makes sense, and you've got yourself a pretty clever little city pad. Beyond your front door, enjoy an outdoor pool, gym, rooftop terrace and 24-hour concierge. With Toronto Metropolitan University, the Eaton Centre, transit, restaurants and the Financial District all within easy reach, the city is yours to explore. More function, less compromise and a whole lot of downtown charm.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age6-10
Size600-699 sq. ft.
Maintenance Fees$605
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,438
mls© NumberC14102226
Listed ByROYAL LEPAGE SIGNATURE REALTY
Common Elements Included
CAC Included
Building Insurance 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%
$2,708
Property tax
$286
Heat allowance
$150
Condo fees, half counted
$303
Housing costs
$3,447 / mo

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

Down payment20% · $105,800
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,226 / mo
Cash down
$105,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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