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New4 hours ago

424 - 22 Leader Lane

Church-Yonge Corridor, Toronto

$615,000

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

An Incredible Opportunity To Own A Piece Of History In The King Edward Private Residences. This Bright & Airy, 695 Square Foot, One-Bedroom + Den Residence Is Perfectly Positioned In The Building. Every Inch Of This Ingeniously Designed Residence Reflects Superior Craftsmanship And Attention To Detail. The Large Principal Rooms Promote Social Circulation & Provide An Abundance Of Natural Light. The Elegant Kitchen Features Top Of The Line Built-In Appliances & Ample Storage Space. The Spacious Primary Bedroom Retreat Showcases A Large Double Closet And Additional Storage Closet. The Ingeniously Designed Separate Den Could Be Utilized As A Dining Room Or Home Office, A Multifunctional Space. The Spa-Like Bathroom Features Marble Countertops & Premium Bath Fixtures. Access To World-Class Hotel Amenities. Steps To Financial & Entertainment Districts, Path System, St. Lawrence Market, Union Station, Acclaimed Restaurants & Shopping, TTC At Your Doorstep & Easy Highway Access.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age51-99
Size600-699 sq. ft.
Maintenance Fees$1,023
LockerOwned
BalconyNone
ExposureNorth West
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,672
mls© NumberC14118324
Listed ByRE/MAX HALLMARK BIBBY GROUP REALTY
Common Elements Included
Hydro Included
Building Insurance Included
Water 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%
$3,148
Property tax
$306
Heat allowance
$150
Condo fees, half counted
$512
Housing costs
$4,115 / mo

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

Down payment20% · $123,000
25-yr amortization

Income needed

$127,000

gross annual household income

Payment at 4%
$2,588 / mo
Cash down
$123,000

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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