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New3 hours ago

2905 - 8 York Street

Waterfront Communities C1, Toronto

$573,000

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

Welcome to 8 York Street - a standout opportunity in Toronto's waterfront where lifestyle meets a rare financial advantage. Here's what makes this truly unique: The seller is covering 12 months of maintenance fees. Intoday's condo market, that's a rare incentive - and a serious edge.This means:. Lower monthly carrying costs from day one. Stronger cash flow positioning. Time to comfortably adjust to ownership expenses. Reduced financial pressure in your first year. Whether you're a first-time buyer or investor, this is your chance to step in strategically -not stressfully. For investors, this translates into improved first-year cash flow and stronger rental positioning right out of the gate - with comparable units in the area commanding solid rental demand.This bright and efficient 1-bedroom suite offers over 600 sq ft of open-concept living, modern finishes, and floor-to-ceiling windows that flood the space with natural light while showcasing stunning lake views - a layout that feels both functional and elevated. Enjoy premium amenities including indoor & outdoor pools, fitness centre, sauna, party room, guest suites, 24-hour concierge, and visitor parking. With PATH and steps to Union Station, commuting across the city is effortless. Surrounded by the waterfront, restaurants, cafes, and everyday essentials, this is downtown living done right - with an advantage most listings simply don't offer. Opportunities like this don't come often. Act fast.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$578
LockerNone
BalconyOpen
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,800
mls© NumberC14084622
Listed ByRE/MAX EXPERTS
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance 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%
$2,933
Property tax
$233
Heat allowance
$150
Condo fees, half counted
$289
Housing costs
$3,605 / mo

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

Down payment20% · $114,600
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,411 / mo
Cash down
$114,600

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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