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New3 hours ago

511 - 816 Lansdowne Avenue

Dovercourt-Wallace Emerson-Junction, Toronto

$499,000

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

Welcome to Unit 511 at 816 Lansdowne Ave! This move-in ready 646 square foot condo offers a functional layout without the cramped feeling of brand new builds. Enjoy a south-facing balcony, freshly painted interiors, updated lighting and new bathroom vanity. The spacious den is perfect for a dedicated home office or a full dining setup, while the primary bedroom comfortably fits a king-sized bed. The kitchen features a breakfast bar with granite counters and stainless steel appliances, including a new stove and recently updated washer/dryer (2024). Enjoy low maintenance fees and numerous building amenities including a gym, sauna, yoga studio, basketball court, games room, and security. Located Steps from the Lansdowne Subway, UP Express, West Toronto Railpath, and the trendy Geary Strip. Ideal for first-time buyers or downsizers seeking value, space, and unbeatable convenience!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$497
LockerNone
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,195
mls© NumberW13640062
Listed ByROYAL LEPAGE/J & D DIVISION
Heat 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.

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
$183
Heat allowance
$150
Condo fees, half counted
$249
Housing costs
$3,136 / mo

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

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

Income needed

$96,000

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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