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New3 hours ago

503 - 625 Avenue Road

Yonge-St. Clair, Toronto

$1,695,000

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

The "Lonsdale!!" Opportunity has come to those who want to create their own space at this highly desirable condo building. 2 bedrooms plus den (note: floor plan says 3 bedrooms) offering 2104 sq feet. All the fabulous concierge services the Lonsdale offers. Outdoor pool, gym, meeting room, guest parking and more! Suite being sold in as is condition and Buyer to renovate at their expense. 1 parking space plus locker

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$2,911
LockerExclusive
BalconyNone
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$12,446
mls© NumberC14106226
Listed ByFOREST HILL REAL ESTATE INC.
Common Elements Included
Building Insurance Included
Heat Included
CAC Included
Parking 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%
$8,676
Property tax
$1,037
Heat allowance
$150
Condo fees, half counted
$1,455
Housing costs
$11,318 / mo

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

Down payment20% · $339,000
25-yr amortization

Income needed

$348,000

gross annual household income

Payment at 4%
$7,133 / mo
Cash down
$339,000

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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