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2111E - 36 Lisgar Street
Little Portugal, Toronto
$480,000
Stunning unobstructed lake and CN Tower City Views - Location! Location! Queen Street West near the iconic Drake Hotel. Experience downtown living in this beautifully designed, newly renovated 2-bedroom, 2-bathroom luxury condo in the heart of Queen Street West. This open-concept unit boasts a functional layout, split bedroom plan, floor-to-ceiling windows, large 25ft. balcony across entire living space and an abundance of natural lights. Features include: Modern design, ensuite laundry for convenience, 1 locker for extra storage, prime location - steps to TTC, grocery stores, banks, restaurants, cafes, Trinity Bellwoods Park. Concierge, gym, & versatile multipurpose room. Don't miss out on this incredible opportunity to live in one of Toronto's most vibrant neighbourhoods! Have a home office and a separate bedroom with an ensuite bath. Second bedroom staged with futon and desk.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,457
- Property tax
- $170
- Heat allowance
- $150
- Condo fees, half counted
- $276
- Housing costs
- $3,053 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,020 / mo
- Cash down
- $96,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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