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New5 hours ago

319 - 942 Yonge Street

Annex, Toronto

$574,900

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

Bright, spacious & recently updated one bedroom at The Memphis! This south-facing suite at 942Yonge Street offers the perfect combination of style, space and convenience in an exceptionally well-maintained building. Featuring luxury vinyl flooring throughout, a bright open-concept living & dining area, and a renovated kitchen with stainless steel appliances,granite countertops, ceramic backsplash, ceramic flooring & breakfast bar. The generous bedroom boasts a walk-in closet with a custom closet system, providing excellent storage with updated washer & dryer! Unit is spacious at 648 Square feet and includes underground parking &locker. Condo fees cover heating, central air conditioning, electricity and water. Enjoy an impressive array of building amenities including 24-hour concierge, gym, games room, outdoor terrace and visitor parking. Unbeatable Yonge Street location close to Yonge/Bloor subway station, Yorkville, restaurants, cafés, entertainment, groceries and all the best that Toronto has to offer. Move-in ready and an exceptional opportunity for first-time buyers,professionals or investors! Walk score of 100 out of 100!

Extras

No extras listed.

TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size600-699 sq. ft.
Maintenance Fees$753
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,893
mls© NumberC13630168
Listed ByROYAL LEPAGE TERREQUITY REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

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%
$2,943
Property tax
$241
Heat allowance
$150
Condo fees, half counted
$377
Housing costs
$3,710 / mo

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

Down payment20% · $114,980
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,419 / mo
Cash down
$114,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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