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2905 - 8 York Street
Waterfront Communities C1, Toronto
$573,000
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $578 |
| Locker | None |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | $2,800 |
| mls© Number | C14084622 |
| Listed By | RE/MAX EXPERTS |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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