| Heat Included | |
| Common Elements Included | |
| Building Insurance Included | |
| CAC Included |
New3 hours ago
2301 - 7 Grenville Street
Bay Street Corridor, Toronto
$649,900
Condo Apartment |
2 | 2 | 0 | 0
About this home
One Of The Most Ideal Location In The Core Downtown Area. Luxury Yc Condos, Two Bedroom 636 Sq ft + Large Balcony 140 Sq ft, 9ft Ceiling, Bright And Spacious. 1 Minute Walking To College Subway Station. Within Walking Distance To U Of T, Ryerson, Shopping, Close To Everything. Fantastic Neighborhood, Easy Access To Eaton Centre, Loblaws, And Parks. World Class Amenities Included: Indoor Swimming Pool On Floor 66, Sky Lounge, Fitness Facility And More.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,326
- Property tax
- $293
- Heat allowance
- $150
- Condo fees, half counted
- $298
- Housing costs
- $4,067 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $129,980
25-yr amortization
Income needed
$125,000
gross annual household income
- Payment at 4%
- $2,735 / mo
- Cash down
- $129,980
Assumes no other monthly debts · 25-yr amortization
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