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New2 hours ago

311 - 1 Scott Street

Waterfront Communities C8, Toronto

$348,800

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

Recently updated studio of approximately 345 sq. ft. at London on the Esplanade, steps to St.Lawrence Market, Union Station, the Financial District and the waterfront. Bright, open concept layout with brand-new light hardwood flooring, updated grey kitchen cabinetry, granite countertops, brand-new stainless steel appliances and upgraded in-suite laundry. Functional downtown floor plan well suited as a first home, pied-à-terre or investment. Building amenities include 24-hour concierge, fitness centre with yoga studio, outdoor pool, party room, theatre, library lounge, guest suites and BBQ area. One locker included. Maintenance fees include heat and water; hydro is separately metered. Move-in ready.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size0-499 sq. ft.
Maintenance Fees$312
LockerOwned
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$1,991
mls© NumberC13802480
Listed ByROYAL LEPAGE TERREQUITY REALTY
Common Elements Included
Building Insurance Included
Condo Taxes Included

Listing History

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  • 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%
$1,785
Property tax
$166
Heat allowance
$150
Condo fees, half counted
$156
Housing costs
$2,257 / mo

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

Down payment20% · $69,760
25-yr amortization

Income needed

$69,000

gross annual household income

Payment at 4%
$1,468 / mo
Cash down
$69,760

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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