| Building Insurance Included | |
| Common Elements Included |
New3 hours ago
1710 - 501 Yonge Street
Church-Yonge Corridor, Toronto
$519,000
Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home
Welcome To Teahouse Condos In The Heart Of Downtown Toronto! Bright & Functional 1+Den Suite, Approx. 536 Sq.Ft., Featuring Desirable South Exposure With Open City & Lake Views. Floor-To-Ceiling Windows Bring In Abundant Natural Light, While The Large Balcony Extends The Living Space Outdoors. Modern Open-Concept Kitchen With Built-In Appliances, Laminate Flooring Throughout, And A Separate Den Ideal For A Home Office Or Study. Steps To Wellesley & College Subway Stations, U Of T, TMU, Major Hospitals, Yorkville, Shopping, Restaurants, Groceries & Everyday Conveniences. Excellent Building Amenities Include 24/7 Concierge, Gym, Pool, Sauna, Media/Theatre Room, Party & Meeting Rooms And More. An Excellent Opportunity For End Users, Professionals, Parents Or Investors Seeking A Prime Downtown Toronto Location!
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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%
- $2,656
- Property tax
- $240
- Heat allowance
- $150
- Condo fees, half counted
- $220
- Housing costs
- $3,267 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $103,800
25-yr amortization
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,184 / mo
- Cash down
- $103,800
Assumes no other monthly debts · 25-yr amortization
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