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2105 - 80 John Street
Waterfront Communities C1, Toronto
$495,000
Experience exceptional downtown living at Festival Tower by Daniels Corporation, an architecturally distinctive residence at King & John, home to the iconic TIFF Bell Lightbox. This thoughtfully designed 1-bedroom suite offers 568 sq. ft. of functional living space plus a spacious 107 sq. ft. balcony overlooking downtown. Featuring premium Miele stainless steel appliances, granite countertops, pot lights, a frosted glass partition, and a convenient Jack-and-Jill bathroom. Includes a storage locker. +++++ Move-in ready and freshly painted, featuring hardwood flooring, extended-to-ceiling kitchen cabinetry, a full-size Miele washer and dryer, and a heat pump replaced in 2024! Enjoy an exceptional collection of resort-style amenities, including a private 55-seat cinema, indoor pool, whirlpool, sauna, spa facilities, fitness centre, rooftop terrace, and more. +++++ Unbeatable location in the heart of Toronto's Entertainment District, surrounded by world-class dining, theatres, entertainment, and cultural landmarks. Steps to TIFF Bell Lightbox, Roy Thomson Hall, Princess of Wales Theatre, King Street transit, and a short walk to the Financial District. A rare opportunity to enjoy an iconic address, exceptional amenities, and the best of downtown Toronto living!
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,534
- Property tax
- $257
- Heat allowance
- $150
- Condo fees, half counted
- $333
- Housing costs
- $3,274 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$101,000
gross annual household income
- Payment at 4%
- $2,083 / mo
- Cash down
- $99,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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