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New2 hours ago

605 - 330 Richmond Street W

Waterfront Communities C1, Toronto

$320,000

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

Nestled in the heart of Downtown Toronto's Entertainment District, just steps from Queen St W and Spadina Ave, this bachelor gem has it all! Enjoy ***a sleek MODERN KITCHEN with STONE COUNTERS as well as integrated and STAINLESS STEEL APPLIANCES ***399sqft of open concept space plus a 27sqft WEST FACING BALCONY ***floor to ceiling windows ***9 foot HIGH CEILINGS ***smooth, light coloured flooring ***ensuite laundry ***as well as an underground LOCKER (24"x 48") offering ample extra storage space. Amenities include: ROOFTOP DECK & POOL, gym, yoga studio, showers and sauna, theater room, game room, party room, and 24 hour concierge. High speed internet included! This dream studio condo suite is perfect for investors, students, and young professionals. Live just a short walk from Osgood TTC Station, shops, restaurants, cafes, Roy Thomson Hall, the Art Gallery of Ontario, Grange Park, Nathan Phillips Square. Approx. 20 minutes walk to the University of Toronto.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$388
LockerOwned
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,066
mls© NumberC13840532
Listed ByHOMELIFE LANDMARK REALTY INC.
Building Insurance Included
Common Elements 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%
$1,638
Property tax
$172
Heat allowance
$150
Condo fees, half counted
$194
Housing costs
$2,154 / mo

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

Down payment20% · $64,000
25-yr amortization

Income needed

$66,000

gross annual household income

Payment at 4%
$1,347 / mo
Cash down
$64,000

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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