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New3 hours ago

701 - 390 Cherry Street

Waterfront Communities C8, Toronto

$618,800

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

Historic streets below, Toronto's skyline ahead - welcome to Suite 701 at The Gooderham, a peaceful retreat in the heart of the Distillery District. This beautifully appointed 1-bedroom + den offers 671 sq. ft. of thoughtfully designed living space, complete with parking and locker. The functional floor plan maximizes the interior space, with a well-proportioned bedroom, spacious bathroom, functional kitchen and a versatile den - perfect for a home office. The unobstructed city skyline is an ever-changing canvas that can be thoughtfully appreciated from every room in the home. The generous balcony extends your living space outdoors, offering the perfect place for a morning coffee, or to unwind as the city lights begin to twinkle. The Gooderham is a reputable, meticulously maintained and quiet building offering luxurious amenities, including an outdoor pool, gym, guest suites, and more. The Distillery District's restaurants, cafés, shops, galleries, fitness options and year-round happenings are just outside your door.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$842
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,253
mls© NumberC13843260
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • 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%
$3,167
Property tax
$271
Heat allowance
$150
Condo fees, half counted
$421
Housing costs
$4,009 / mo

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

Down payment20% · $123,760
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,604 / mo
Cash down
$123,760

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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