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New2 hours ago

802 - 400 Wellington Street W

Waterfront Communities C1, Toronto

$589,000

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

Boutique living in the heart of King West. Tucked into one of the neighbourhood's most sought after boutique buildings, this 616 sq ft one bedroom is laid out with 9 ft ceilings and a sleek kitchen with stainless steel appliances, giving you a bright, modern space that's easy to live in and easy to love. Start your morning with coffee on the north facing balcony overlooking the city, or unwind there at the end of the day. Ensuite laundry, parking and a locker are all included, the trio every downtown buyer is looking for. Step outside and The Well is right across the street, with Wellington Market, Indigo, Shoppers, banks and cafés at your doorstep. Some of Toronto's best restaurants, shops and nightlife are a short walk away, and the Financial District, Queens Quay and Spadina are just minutes from home.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$620
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,911
mls© NumberC14082536
Listed ByCOLDWELL BANKER THE REAL ESTATE CENTRE
Common Elements Included
Water Included
Building Insurance Included
Heat Included
Parking Included
CAC 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%
$3,015
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$310
Housing costs
$3,717 / mo

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

Down payment20% · $117,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,479 / mo
Cash down
$117,800

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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