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New2 hours ago

627 - 111 Elizabeth Street

Bay Street Corridor, Toronto

$530,000

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

Welcome to 111 Elizabeth Street, Suite 627! This beautifully renovated 1-bedroom suite offers a spacious layout, modern finishes and an unbeatable downtown location at Bay & Dundas. It features floor-to-ceiling windows, a private balcony, new laminate flooring with light oak finishing, fresh paint and updated lighting throughout. The renovated kitchen boasts sleek countertops, a contemporary backsplash, brand-new top-of-the-line appliances with 5-year warranties and a dedicated dining area. The exceptionally wide living room offers ample space for lounging, entertaining and working from home. Generously sized bedroom accommodates a queen bed and features his-and-hers closets. Updated 4-piece bathroom includes a modern vanity, LED-lit mirror with additional storage. Unit 627 comes with one owned underground parking and an oversized owned locker. Fantastic building amenities include a concierge, gym, indoor pool, party room and rooftop terrace. It is steps to Longo's, Canadian Tire, Eaton Centre, Toronto Metropolitan University, major hospitals, government buildings, City Hall, transit, restaurants, cafés and endless shopping and entertainment. An ideal opportunity for first-time buyers, professionals or investors seeking a turnkey home in the heart of the city!

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$625
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,000
mls© NumberC13879826
Listed ByRE/MAX ULTIMATE REALTY INC.
Water Included
Common Elements Included
Building Insurance 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%
$2,713
Property tax
$250
Heat allowance
$150
Condo fees, half counted
$313
Housing costs
$3,425 / mo

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

Down payment20% · $106,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$106,000

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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