| Heat Included | |
| Hydro Included | |
| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |








1702 - 7 Carlton Street
Church-Yonge Corridor, Toronto
$498,000
Luxury Condominium Living At Its Finest In Downtown Toronto At Yonge & College! Right Above College Subway Station At The Prestigious Ellington! It Is A Bright Bachelor Suite Flooded With Natural Light. Steps Away From Universities, Hospitals, Restaurants, Shopping, Public Transportation, Entertainment And Financial Districts. 24/7 Concierge Service, A Sauna, Library, Party Room, Billiards, Table Tennis and Gym with 100 meter running track and state of the art equipment.
No extras listed.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,549
- Property tax
- $150
- Heat allowance
- $150
- Condo fees, half counted
- $247
- Housing costs
- $3,096 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$95,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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