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New2 hours ago

PH3 - 73 Richmond Street W

Bay Street Corridor, Toronto

$1,595,000

Condo Apartment |
2 | 3 | 0 | 0
About this home

Coveted Renovated Penthouse In The Heart Of The Financial District. Rarely Offered Opportunity To Own A Piece Of Toronto's Historic Graphic Arts Building - A Classic 5-Storey Landmark Property Built In 1913 By Famed Architect Francis S. Baker. This Boutique Building Boasts A Distinctive Limestone Facade And Refined Interiors With Just 64 Suites, Offering The Rare Few An Exceptional Blend Of Distinguished Architecture With The Convenience Of The Financial Core, And The Ultra-Rare Perks Of Downtown Toronto. Penthouse 3 Features A Main Floor Primary Suite With Walk-In Closet, Open Concept Living And Dining Area With Soaring 13.5'Ceilings, Sun-Drenched Interiors, 2nd Floor Loft Bedroom/Office Offering Flexible Live-WorkZoning Ideal For The Upscale Professional, And Enviable Large Private Outdoor Terrace With Panoramic City Views That Include City Hall And Nathan Phillips Square. This Exclusive Property Offers Unmatched Walkability And Transit Access Surrounded By World-ClassRestaurants And Upscale Shops Of The Eaton Centre, And Steps From The Entertainment District, PATH System And Osgoode Station - A Level Of Prestige, Elegance, And Convenience That Sees No Rival In The City Of Toronto.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size1600-1799 sq. ft.
Maintenance Fees$2,303
LockerNone
BalconyTerrace
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$5,467
mls© NumberC14163954
Listed ByRE/MAX REALTRON BARRY COHEN HOMES INC.
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,164
Property tax
$456
Heat allowance
$150
Condo fees, half counted
$1,152
Housing costs
$9,921 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $319,000
25-yr amortization

Income needed

$305,000

gross annual household income

Payment at 4%
$6,712 / mo
Cash down
$319,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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