| Heat Included | |
| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |
Price Change$74,999,900
2402 - 8 Mercer Street
Waterfront Communities C1, Toronto
$749,999
Condo Apartment |
2 | 2 | 1 | 0
About this home
Luxury Mercer Condo In Core of Entertainment District, Spacious Unit With 9' ceiling. 2 Balconies, Steps Away From Tiff, Theatres,Rogers Centre, CN Tower, Financial District, and Metro Hall where has access to the PATH and TTC subway stations. Amenityincludes 24/7 security concierge, gym, sauna room, party room, and in-house theatre.
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Listing History
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,839
- Property tax
- $389
- Heat allowance
- $150
- Condo fees, half counted
- $307
- Housing costs
- $4,685 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $150,000
25-yr amortization
Income needed
$144,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $150,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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