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1142 - 38 Grand Magazine Street
Niagara, Toronto
$479,900
Welcome to York Harbour Club at 38 Grand Magazine! This bright and inviting 1-bedroom, 1-bathroom condo features desirable western exposure, floor-to-ceiling windows, and laminate flooring throughout. The modern kitchen offers full-size stainless steel appliances, ample cabinetry, and a functional layout. Enjoy seamless indoor-outdoor living with a spacious 111 sq. ft. balcony accessible from both the living room and bedroom, perfect for relaxing and enjoying the afternoon sun and evening sunsets. Complete with parking and a locker, this fantastic condo offers comfort and convenience in a sought-after waterfront community, just steps from parks, trails, transit, restaurants, and everything downtown Toronto has to offer!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,456
- Property tax
- $185
- Heat allowance
- $150
- Condo fees, half counted
- $272
- Housing costs
- $3,063 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,019 / mo
- Cash down
- $95,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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