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440 - 109 Front Street E
Waterfront Communities C8, Toronto
$419,900
INCOME IN PLACE OR MOVE IN ANYTIME. ALL-INCLUSIVE UTILITIES. FANTASTIC DOWNTOWN OLD TORONTO LOCATION. Hydro, heat, water and AC are all included in $353.72/month. Right across from the historic St. Lawrence Market in the Esplanade neighbourhood, New Times Square is one of Old Toronto's best-kept secrets: an established, well-run building with a balanced mix of owners and tenants. Well-proportioned suites like this are increasingly hard to find. The square layout lets you use every inch of space, with real closets, a proper 4-piece bath with actual counter space, ensuite laundry and bright, sun-filled west-facing light. Head up to the rooftop garden for BBQs and views of the lake and skyline, host friends in the party room on the same floor, and let the 24-hour concierge handle your packages. Cross the street Saturday morning for fresh bread, local produce and flowers after a run or bike ride on the waterfront, then walk to the game, the theatre or any of the restaurants that remind you why you chose this city. Shoppers and grocers are a hop, skip and a jump away, along with charming little eateries and independent businesses in a neighbourhood that blends old with new. With the City's street work now complete, the Esplanade's parks are being revitalized, and St. James Park just up the street offers lovely gardens and music in the park. A short walk to Union Station for the subway, GO, VIA, UP Express and the Billy Bishop shuttle; just minutes to the future Distillery station on the Ontario Line, and minutes from the Gardiner and DVP. Currently tenanted at $2,180/month (incl. internet) until July 27, 2027. Collect rent while you plan, or move in yourself, as the tenant is willing to vacate early if needed. Everything you need at an affordable price, with nothing you don't. Perfect for first-time buyers, students, down-sizers wanting to stay close to excellent hospitals, a long-term hold or a pied-à-terre that beats paying for hotels or someone else's mortgage.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $354 |
| Locker | None |
| Balcony | None |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $1,825 |
| mls© Number | C14180526 |
| Listed By | STRATA REAL ESTATE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,149
- Property tax
- $152
- Heat allowance
- $150
- Condo fees, half counted
- $177
- Housing costs
- $2,628 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$81,000
gross annual household income
- Payment at 4%
- $1,767 / mo
- Cash down
- $83,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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