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New2 hours ago

1304 - 55 Charles Street E

Church-Yonge Corridor, Toronto

$1,100,000

Condo Apartment |
2 | 2 | 0 | 1
About this home

BRIGHT AND SPACIOUS 2 BEDROOM WITH 2 BATHROOM CONDO IN THE UPSCALE AREA OF DOWNTOWN TORONTO.LUXURY LIVING YORKVILLE AREA AT 55 CHARLES RESIDENCE. ABOVE STANDARD AMMENITIES AND AN AMAZINGROOF TOP ACCESS WITH BREATH TAKING VIEWS.THE UNIT IS UPGRADED AS WELL WITH 9'CEILING , WINDOWSFROM FLOOR TO CEILING. STAINLESS STEEL APPLIANCES WITH WASHER AND DRYER.98/100 WALKING SCORE.MINUTES TO SUBWAY AND PUBLIC TRANSIT. SHOPPING ETC

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$978
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$6,008
mls© NumberC13856872
Listed ByROYAL STAR REALTY INC.
Common Elements Included
Building Insurance 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%
$5,630
Property tax
$501
Heat allowance
$150
Condo fees, half counted
$489
Housing costs
$6,770 / mo

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

Down payment20% · $220,000
25-yr amortization

Income needed

$208,000

gross annual household income

Payment at 4%
$4,629 / mo
Cash down
$220,000

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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