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New3 hours ago

705 - 8 Trent Avenue

East End-Danforth, Toronto

$499,000

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

The Best Building in the Main & Danforth Village! Only 8 years old, this beautiful & bright 1 bedroom plus den has a desirable west-facing exposure for city CN tower skyline sunsets. Freshly painted, and one of the most desired layouts in the building, the den is a a great flex space for a work-from-home office, nursery/kid's room, or a cozy second bedroom. The kitchen has a large island for entertaining and includes all full size stainless steel appliances, including a rare double door fridge/freezer. The primary bedroom has a great west-facing city view and has a spacious and efficient walk-in closet. Full size laundry in suite with a large practical front door closet. Lots of previously owner-occupied small upgrades and thoughtfulness put in. Unbeatable east end Danforth location, steps to Danforth GO station, Main Street TTC subway station, tons of green space around like Taylor Creek Park and close access to the DVP, East York, the Beaches, and Danforth Greek Town. If you're looking for a Mid-Rise Condo with a community feel, this mostly owner-occupied Village by Main Condos has the friendliest neighbours you can imagine; packed with tons of community events (socials, yoga, movie nights, walking groups, etc...). Building amenities include: overnight concierge, live-in superintendent, PM on site, Gym, Rooftop Terrace w BBQs, Party Room, TV room/Library/Meeting Room, Games Room (Billiards Table), Visitor Parking, Extra Coin-Operated In-Building Laundromat, and Bike Repair Station.

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$486
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,146
mls© NumberE14145040
Listed ByRIGHT AT HOME REALTY
Parking Included
Common Elements 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%
$2,554
Property tax
$262
Heat allowance
$150
Condo fees, half counted
$243
Housing costs
$3,209 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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