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New1 hour ago

440 - 109 Front Street E

Waterfront Communities C8, Toronto

$419,900

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

INCOME IN PLACE OR MOVE IN ANYTIME. ALL-INCLUSIVE UTILITIES. FANTASTIC DOWNTOWN OLD TORONTO LOCATION. Hydro, heat, water and AC are all included in $353.72/month. Right across from the historic St. Lawrence Market in the Esplanade neighbourhood, New Times Square is one of Old Toronto's best-kept secrets: an established, well-run building with a balanced mix of owners and tenants. Well-proportioned suites like this are increasingly hard to find. The square layout lets you use every inch of space, with real closets, a proper 4-piece bath with actual counter space, ensuite laundry and bright, sun-filled west-facing light. Head up to the rooftop garden for BBQs and views of the lake and skyline, host friends in the party room on the same floor, and let the 24-hour concierge handle your packages. Cross the street Saturday morning for fresh bread, local produce and flowers after a run or bike ride on the waterfront, then walk to the game, the theatre or any of the restaurants that remind you why you chose this city. Shoppers and grocers are a hop, skip and a jump away, along with charming little eateries and independent businesses in a neighbourhood that blends old with new. With the City's street work now complete, the Esplanade's parks are being revitalized, and St. James Park just up the street offers lovely gardens and music in the park. A short walk to Union Station for the subway, GO, VIA, UP Express and the Billy Bishop shuttle; just minutes to the future Distillery station on the Ontario Line, and minutes from the Gardiner and DVP. Currently tenanted at $2,180/month (incl. internet) until July 27, 2027. Collect rent while you plan, or move in yourself, as the tenant is willing to vacate early if needed. Everything you need at an affordable price, with nothing you don't. Perfect for first-time buyers, students, down-sizers wanting to stay close to excellent hospitals, a long-term hold or a pied-à-terre that beats paying for hotels or someone else's mortgage.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size0-499 sq. ft.
Maintenance Fees$354
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$1,825
mls© NumberC14180526
Listed BySTRATA REAL ESTATE
Heat Included
Water Included
Hydro Included
Building Insurance Included
CAC Included
Common Elements Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,149
Property tax
$152
Heat allowance
$150
Condo fees, half counted
$177
Housing costs
$2,628 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

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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