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1 / 39
New3 hours ago

715 - 50 Power Street

Moss Park, Toronto

$469,900

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

A great opportunity for homeownership or an investment at Home on Power by Great Gulf and Hullmark, in the heart of Corktown. Floor to ceiling windows and open northwest city views define this bright 1 bed + den, 1 bath suite, offering 608 sq ft of efficient open concept living with 9 ft smooth ceilings and laminate flooring throughout. The modern kitchen boasts quartz countertops, stainless steel appliances, crisp white cabinetry, and a centre island, flowing seamlessly into a living area that fills with natural light. The versatile den makes an ideal home office, the primary bedroom features its own wall of windows, and ensuite laundry adds everyday convenience. Step out to the large private balcony overlooking the landscaped courtyard terrace, perfect for morning coffee or evening unwinding. Residents enjoy exceptional building amenities including a concierge, fully equipped fitness centre, games room, party and meeting rooms, sauna, outdoor pool, and a rooftop deck and garden. Steps from the Distillery District, St. Lawrence Market, George Brown College, and Corktown Common, with the King and Queen streetcars at your doorstep and quick access to the DVP, Gardiner, and Lake Shore. The neighbourhood is anchored by the future Corktown Ontario Line station, the multi billion dollar East Harbour redevelopment projected to bring 50,000-70,000 jobs, and the ongoing Toronto waterfront revitalization, positioning the area for long term growth. Don't miss your chance to own in one of downtown's most connected neighbourhoods.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$451
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,632
mls© NumberC14167662
Listed ByRE/MAX ULTIMATE REALTY INC.
Building Insurance Included
Common Elements 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%
$2,405
Property tax
$219
Heat allowance
$150
Condo fees, half counted
$226
Housing costs
$3,000 / mo

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

Down payment20% · $93,980
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,977 / mo
Cash down
$93,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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