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New2 hours ago

1708 - 199 Richmond Street W

Waterfront Communities C1, Toronto

$420,000

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

Luxury Studio Condo In Trendy Queen West Area! Highly Desirable 1 Bdrm Unit W/Floor To Ceiling Windows! Clear View! 9' Ceiling. Open Concept. Sparkling & Spotless! Nicely Finished! Freshly Painted, Newly Installed Vinyl Floor Through-out! European Style Kitchen With Integrated Miele Built-in Appliances, Quarts Counter-Top. MBr With Large Window, 2 Closets. 4 Pc Semi Ensuite Bath W/Separate Soaker Tub. Excellent Location In The Heart Of Financial/Entertainment Dist. Convenient access to the PATH, Step To Subway. Prime Location Surrounded By Restaurants, Theatres, Shops, Arts Centre.Well Maintained Buildg W/24 Hr Concierge. Super Amenities!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$624
LockerOwned
BalconyTerrace
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,946
mls© NumberC13871960
Listed ByRE/MAX CROSSROADS REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Water Included

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,150
Property tax
$246
Heat allowance
$150
Condo fees, half counted
$312
Housing costs
$2,857 / mo

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

Down payment20% · $84,000
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$84,000

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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