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New2 hours ago

1403 - 224 King Street W

Waterfront Communities C1, Toronto

$988,000

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

Welcome To 224 King St W, Unit 1403, An Upgraded 2-Bedroom, 2-Bathroom Corner Suite In The Heart Of Downtown Toronto! Over $10K of Recent Upgrades Include Fresh Paint, New Engineered Hardwood Flooring Throughout, Baseboards, Light Fixtures, And Mirrors in Two Bathrooms. This Inviting Home Features An Open-Concept Layout With Soaring 9-Foot Ceilings And Floor-To-Ceiling Windows That Flood The Space With Natural Light. The Spacious Living And Dining Areas Flow Seamlessly Into The Modern Kitchen, Complete With Stainless Steel Appliances And A Centre Island That Doubles As A Breakfast Bar. The Primary Bedroom Offers A Generous Walk-In Closet With An Organizer And A Private 4-Piece Ensuite. Enjoy An Impressive Selection Of Amenities, Including An Outdoor Pool, Fitness Centre, Party/Meeting Room, 24-Hour Concierge Service, And More. Unbeatable Downtown Convenience Puts You Steps From St. Andrew And Union Subway Stations, David Pecaut Square, Parks, Grocery Stores, And A Fantastic Variety Of Dining Options. With Easy Access To The Gardiner Expressway, This Exceptional Urban Residence Offers The Perfect Blend Of Comfort, Style, And Convenience!

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size900-999 sq. ft.
Maintenance Fees$932
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,037
mls© NumberC14102728
Listed ByBAY STREET INTEGRITY REALTY INC.
Water Included
Common Elements Included
Parking 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%
$5,057
Property tax
$420
Heat allowance
$150
Condo fees, half counted
$466
Housing costs
$6,093 / mo

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

Down payment20% · $197,600
25-yr amortization

Income needed

$187,000

gross annual household income

Payment at 4%
$4,158 / mo
Cash down
$197,600

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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