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New3 hours ago

552 - 111 Elizabeth Street

Bay Street Corridor, Toronto

$650,000

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

Location, Lifestyle & Exceptional Convenience! Welcome To One City Hall-Mere Steps From Toronto City Hall, The Eaton Centre And The Financial District.This Bright & Functional 1 Bedroom + Den Offers Approx. 637 Sq. Ft. Of Interior Living Space, Exclusive Of Two Balconies. Unit Not Blocked By Other Building. The Open-Concept Living/Dining Area Features Floor-To-Ceiling Windows, A Functional, Well-Lit Separate Den With Space For A Full Home Office, And A Modern Kitchen With An Expandable Mobile Island/Dining Table. Customizable, Dimmable Studio Track Lighting Provides Directional And Spatial Lighting Throughout The Living Space. Freshly Painted And Finished With New Luxury Waterproof Vinyl Flooring, With Major Appliances And Components Upgraded In Recent Years.A Rare Downtown Bonus: One Owned Parking Space + TWO Lockers(One Standard-Size And One Exceptionally Tall, Oversized Locker)-Both Conveniently Located Near The Elevator.24-Hour Concierge And Package Receiving Provide Security And Convenience. Recently Renovated Lobby And Hallways Complement Amenities Including A Large Indoor Pool, Whirlpool, Dry And Wet Saunas, Fitness Facilities, Large Two-Storey Party Room, Affordable Guest Suites For Visiting Family And Friends, And A Rooftop Terrace With BBQ And Downtown/CN Tower Views.T&T Supermarket, IKEA, Canadian Tire, Shoppers Drug Mart, Eaton Centre Shopping, Many Restaurants, Two TTC/Subway Stations And PATH Access Are All Within A 5-10 Minutes Walk.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$666
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,200
mls© NumberC13807620
Listed ByROYAL LEPAGE CERTIFIED REALTY
CAC Included
Parking Included
Common Elements Included
Heat Included
Building Insurance Included
Water Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$267
Heat allowance
$150
Condo fees, half counted
$333
Housing costs
$4,076 / mo

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

Down payment20% · $130,000
25-yr amortization

Income needed

$125,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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