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1 / 0
New4 hours ago

408 - 15 Queens Quay E

Waterfront Communities C1, Toronto

$648,000

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

The best of the lake life in a luxury Pier 27 Condo. Bright and spacious 1 bedroom + den with a lake view, 549 sq ft + balcony, excellent layout with no space wasted. Tenant currently using primary bedroom as a home office and the den as a bedroom. Yes, the den is big enough to be a bedroom. Modern kitchen w/quartz countertops, mosaic backsplash and built-in appliances. Luxury amenities, only for the residents of 15 Queens Quay, include: indoor pool, gym, sauna, rooftop outdoor pool with BBQ area, theatre/media room. party room. billiard room, 24 hr concierge and security. Steps to Union station with Go train and Subway, Ferry to the island, banks, LCBO, grocery stores, St Lawrence market, Front street, Financial district, Sugar beach and marina.Walk score 97/100.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$469
LockerNone
BalconyOpen
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,745
mls© NumberC14105592
Listed ByREMAX YOUR COMMUNITY REALTY
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%
$3,317
Property tax
$229
Heat allowance
$150
Condo fees, half counted
$234
Housing costs
$3,930 / mo

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

Down payment20% · $129,600
25-yr amortization

Income needed

$121,000

gross annual household income

Payment at 4%
$2,727 / mo
Cash down
$129,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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