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619 - 2300 St Clair Avenue W
Junction Area, Toronto
$585,000
Welcome to Stockyard Condos by Marlin Spring Developments located in the heart of The Junction a prestigious Toronto neighbourhood. Located on the 6th floor with a North exposure, this spacious 2 bedroom 2 washroom suite offers 626 sq ft of living space, tons of natural light, modern finishes, laminate flooring throughout, ensuite laundry and with a large terrace. The inviting open-concept living and dining areas are perfect for relaxation and entertainment. Enjoy the chef's kitchen that's equipped with contemporary stainless steel appliances, quartz countertops, and a stylish backsplash. The spacious bedroom features a sizeable closet and a walk out to balcony. The second bedroom features sliding doors and convenient closet space. Building amenities include a 24-hr concierge, gym/exercise room, party/meeting room, outdoor terrace with BBQ area, visitors parking, electric car charging stations, games room and more. Conveniently located near TTC public transit, Stockyards Village, grocery & shopping plazas, restaurants, cafes, parks, banks & other local area amenities. Building allows short-term rentals.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,994
- Property tax
- $221
- Heat allowance
- $150
- Condo fees, half counted
- $218
- Housing costs
- $3,583 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$110,000
gross annual household income
- Payment at 4%
- $2,462 / mo
- Cash down
- $117,000
Assumes no other monthly debts · 25-yr amortization
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