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342 - 60 Princess Street
Waterfront Communities C8, Toronto
$469,900
Step into this bright 1 bed + den, 2 bath suite at Time & Space Condos, offering 565 sqft of efficient open concept living in the heart of St. Lawrence. A great opportunity for homeownership or an investment, this meticulously maintained suite features 9 ft ceilings, wide plank laminate flooring throughout, and floor to ceiling windows that fill the space with natural light. The modern kitchen boasts stone countertops, a sleek tile backsplash, under cabinet lighting, and stainless steel appliances, flowing seamlessly into the living and dining area. The bedroom offers a 3 piece ensuite with a glass walk in shower, while the separate den (can be used as 2nd bedroom) has its own door for added privacy. A second full 4 piece bath and ensuite laundry add everyday convenience. Step out onto the east facing balcony to take in the morning light. Maintenance fees include heat, water, central air, and high speed internet. Residents enjoy a standout amenity package, including concierge, an infinity edge pool with cabanas, an outdoor BBQ area, rooftop deck and garden, gym, yoga studio, games room, and party room. Perfectly positioned steps from St. Lawrence Market, the historic Distillery District, and the waterfront, with the 121 Esplanade-River and 75 Sherbourne buses at your door, the 504 King streetcar a short walk north, and quick connections to the Gardiner and DVP. Don't miss your chance to own in one of downtown Toronto's most connected neighbourhoods.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,405
- Property tax
- $215
- Heat allowance
- $150
- Condo fees, half counted
- $244
- Housing costs
- $3,014 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$93,000
gross annual household income
- Payment at 4%
- $1,977 / mo
- Cash down
- $93,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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