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New2 hours ago

2605 - 5 St. Joseph Street

Bay Street Corridor, Toronto

$599,000

Condo Apartment |
1 + 1 | 2 | 0 | 0
About this home

Welcome to Five Condos, where luxury, convenience, and location come together in the heart of downtown Toronto. This bright and spacious corner suite offers 1 bedroom plus a separate den, featuring a highly functional layout, 9-foot ceilings, and floor-to-ceiling windows that flood the space with natural light.Enjoy southwest views from the large private balcony, a modern kitchen complete with an island and dining area, a full bathroom plus a convenient powder room, and a versatile den with enclosed sliding doors-perfect for a home office or guest space.Ideally situated just steps from Wellesley Subway Station and within walking distance to Yorkville, the Mink Mile, College Park, Dundas Square, and some of the city's best shopping, dining, and entertainment. Minutes from the University of Toronto, Toronto Metropolitan University, and major hospitals, this is an exceptional opportunity to experience the best of downtown living.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$575
LockerNone
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,597
mls© NumberC13988092
Listed ByKELLER WILLIAMS EDGE REALTY
Heat Included
Water 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%
$3,066
Property tax
$300
Heat allowance
$150
Condo fees, half counted
$287
Housing costs
$3,803 / mo

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

Down payment20% · $119,800
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

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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