| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Building Insurance Included | |
| Parking Included | |
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2001 - 770 Bay Street
Bay Street Corridor, Toronto
$829,000
Bright And Spacious Two Bedroom With Two Bathroom, Well-designed 870 Sq. Ft. Corner At The Luxury Lumiere Condos On Bay Street. Clear Views From Balcony, Exposure With Beautiful Sunsets. 9 Ft Ceilings And Harwood Floors Throughout. Step To University of Toronto, Financial District, College Station TTC, Hospitals, Supermarkets, Banks. 24-Hour Concierge Service, Indoor Pool, Gym, Movie Room, Billiards Room, Rooftop Terrace With BBQs.
No extras listed.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,243
- Property tax
- $421
- Heat allowance
- $150
- Condo fees, half counted
- $416
- Housing costs
- $5,231 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$161,000
gross annual household income
- Payment at 4%
- $3,489 / mo
- Cash down
- $165,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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