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New4 hours ago

4909 - 138 Downes Street

Waterfront Communities C8, Toronto

$548,000

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

The Iconic Sugar Wharf Condominiums By Menkes! 1 Bedroom Unit with Lake and City Views. Floor-to-Ceiling Windows, 9-Foot Ceilings. Sleek Open-Concept Kitchen with Built-In Miele Appliances. Engineered hardwood floors, quartz countertops. State-of-the-Art Fitness Centre, Indoor Swimming Pool, Party/Meeting Room, Theatre Retreat, Rooftop Terrace with BBQ Area, 7/ 24-hour Security, and Much More. Located on East Bayfront Toronto Waterfront, only Ten Minute Walk to Union Subway Station, with Direct Access to Future P. A.T. H. Steps from Lake Ontario, Sugar Beach, Water's Edge Promenade. Restaurants, LCBO, Loblaw, Farm Boy Supermarket, Trails, and Parks. Locker Included. This fast-growing neighborhood includes East Bayfront's bustling innovation corridor, anchored by the Waterfront Innovation Centre. Nearby TTC bus stop on Queens Quay East to downtown Toronto, 5 mins drive to Gardiner Expressway!

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$487
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,701
mls© NumberC13739314
Listed ByBAY STREET GROUP INC.
CAC Included
Common Elements Included
Building Insurance 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%
$2,805
Property tax
$225
Heat allowance
$150
Condo fees, half counted
$243
Housing costs
$3,423 / mo

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

Down payment20% · $109,600
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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