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Listed 18 days ago

307 - 1111 Steeles Avenue W

Westminster-Branson, Toronto

$459,000

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

Welcome to Unit 307 at 1111 Steeles Ave W, a rare find in a well established boutique building at Bathurst and Steeles. This spacious 891 sq ft 2 bedroom offers an efficient, well thought out layout with a combined living/dining space that walks out to an oversized private terrace, a true urban retreat facing east over mature trees. Perfect for morning coffee, entertaining, or simply enjoying the green outlook. The eat in kitchen with space for two to dine, has been freshly updated with brand new stainless steel appliances. The brand new stacked washer and dryer in the laundry/storage room for in suite convenience. The bedrooms are generously sized. The primary suite has a large walk in closet and its own 2 piece ensuite for added privacy. A well appointed 4 piece main bathroom serves the rest of the suite, and ample storage is found throughout the unit. Enjoy the ease of low, all inclusive maintenance fees in this quiet, boutique building, steps to public transit, grocery stores, and shopping. Ideal for first time buyers, downsizers, or investors looking for a low maintenance unit in a well connected location.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$708
LockerNone
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,957
mls© NumberC13577142
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Hydro Included
Water 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.

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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%
$2,349
Property tax
$163
Heat allowance
$150
Condo fees, half counted
$354
Housing costs
$3,016 / mo

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

Down payment20% · $91,800
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$1,932 / mo
Cash down
$91,800

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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