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1818 - 108 Peter Street
Waterfront Communities C1, Toronto
$505,000
An Incredible Opportunity to Own in the Heart of Toronto's Entertainment District! This beautiful 1-bedroom plus full-sized den (large enough to be a 2nd bedroom or a spacious home office) offers a highly functional layout with a stunning West-facing view. Contemporary design boasting built-in appliances, sleek quartz countertops, large windows with abundant natural light, and premium laminate flooring throughout. EXCITING BUILDING UPGRADES: Experience ultimate urban convenience with a brand-new large supermarket located directly inside the building, alongside world-class amenities including a spectacular rooftop swimming pool! Steps to the city's finest dining, cafes, boutiques, clubs, and theatres. Mere minutes walk to the TTC Subway, Rogers Centre, CN Tower, and Scotiabank Arena. Round-the-clock 24/7 concierge. A perfect turnkey property for first-time buyers or savvy investors looking for a prime downtown asset!
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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%
- $2,585
- Property tax
- $254
- Heat allowance
- $150
- Condo fees, half counted
- $168
- Housing costs
- $3,158 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$97,000
gross annual household income
- Payment at 4%
- $2,125 / mo
- Cash down
- $101,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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