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New2 hours ago

4209 - 197 Yonge Street

Church-Yonge Corridor, Toronto

$790,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

The Massey Tower * In The Heart Of Downtown Toronto *Southwest-Facing corner Unit In The Building Over-Looking The Cn Tower and ontario Lake From The Balcony * Open Layout With No Space Wasting, Floor To Ceiling Window Let In Lots Of Natural Light * Practical Full Kitchen With Sufficient Cabinet Storage Spaces * Ensuite Laundry * Amazing Amenities: Gym, Yoga Studio, Sauna, Steam Room, Rooftop Patio, Gorgeous Party/Dining Room, 24Hr Concierge, Etc. * Steps To Yonge-Dundas Square, Eaton Centre, Queen Subway Station, St. Michael Hospital, The Massey Hall, Financial District, Ryerson, Numerous Eateries & Countless Entertainment *

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$1,202
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,000
mls© NumberC13882068
Listed ByBAY STREET GROUP INC.
Heat Included
Common Elements Included
Building Insurance Included
CAC Included
Parking 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%
$4,044
Property tax
$417
Heat allowance
$150
Condo fees, half counted
$601
Housing costs
$5,211 / mo

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

Down payment20% · $158,000
25-yr amortization

Income needed

$160,000

gross annual household income

Payment at 4%
$3,324 / mo
Cash down
$158,000

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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