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New4 hours ago

1508 - 38 Grenville Street

Bay Street Corridor, Toronto

$585,000

Condo Apartment |
2 + 1 | 1 | 1 | 1
About this home

Bright And Spacious Northeast Corner 2+1 Unit At The Murano Condos, Offering Over 600 Sq. Ft. Of Well-Designed Living Space Plus A Large Balcony With Skyline Views. Floor-To-Ceiling Windows Fill The Suite With Natural Light, While The Corner Exposure And No Direct Sightlines From Neighbouring Units Provide A Rare Sense Of Privacy. This Freshly Painted Unit Features Laminate Flooring, Smooth Ceilings, And A Modern Kitchen With Granite Countertops And Stainless Steel Appliances. The Second Bedroom Features A Window, And The Separate Den With Sliding Door Offers Additional Flexible Living Space. Includes 1 Underground Parking Spot And 1 Locker. Enjoy 24-Hour Concierge, Gym, Indoor Pool, Party/Meeting Room, Guest Suites, And Visitor Parking In This Well-Maintained, Pet-Friendly Building. Steps To Yonge Street, U Of T, TMU, Queen's Park, Major Hospitals, Wellesley Subway, Eaton Centre, Yorkville, Restaurants, Shopping, Parks, And The Financial District. An Excellent Opportunity For First-Time Buyers, Young Professionals, Parents Purchasing For A Student, Or Investors.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$701
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,729
mls© NumberC13783850
Listed ByHOMELIFE LANDMARK REALTY INC.
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,994
Property tax
$311
Heat allowance
$150
Condo fees, half counted
$351
Housing costs
$3,806 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,000
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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