| Common Elements Included | |
| CAC Included | |
| Heat Included | |
| Parking Included | |
| Water Included |





















302 - 390 Cherry Street
Waterfront Communities C8, Toronto
$498,000
Live in the heart of Toronto's iconic Historic Distillery District at The Gooderham. This bright, open-concept 1+1 bedroom suite features floor-to-ceiling windows, engineered hardwood flooring throughout, and a fantastic Distillery District view. The functional layout offers seamless living and entertaining, a versatile den ideal for a home office, and convenient in-suite laundry. Parking and locker included. Step outside to charming cobblestone streets lined with cafés, boutiques, galleries, theatres, restaurants and year-round cultural events. Walk to St. Lawrence Market, waterfront trails and Cherry Beach, with transit, bike lanes, and quick access to the DVP and Gardiner Expressway. Residents enjoy an excellent selection of amenities, including concierge, exercise room, media room, outdoor pool, party and recreation spaces, and sauna. Experience vibrant downtown living in one of Toronto's most distinctive neighbourhoods. Investor-friendly opportunity, currently tenanted at $2,370/month, with the tenant willing to stay if preferred.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $698 |
| Locker | Owned |
| Balcony | None |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,655 |
| mls© Number | C14181090 |
| Listed By | REALTY WEALTH GROUP INC. |
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%
- $2,549
- Property tax
- $221
- Heat allowance
- $150
- Condo fees, half counted
- $349
- Housing costs
- $3,269 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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