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New3 hours ago

3807 - 955 Bay Street

Bay Street Corridor, Toronto

$1,059,000

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

High floor corner suite with panoramic 180 degree north and west views. Over $30,000 in builder upgrades. 2+1 bedrooms, 2 bathrooms, split bedroom layout, with a den and built in closet that can function as a third bedroom. Floor to ceiling windows and spacious terrace. Oversized kitchen island with seating for up to eight. Pristine, move in ready condition. 1 parking and 1 locker. An excellent option for personal use or investment. The Britt offers 24 hour concierge, fitness facilities, sauna, outdoor pool and terrace, party and dining rooms, and boardroom. Steps to Wellesley subway, U of T, Queen's Park, Yorkville, hospitals, shops and restaurants and Financial District.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size900-999 sq. ft.
Maintenance Fees$823
LockerOwned
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$6,545
mls© NumberC13786630
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA
Heat Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • 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%
$5,420
Property tax
$545
Heat allowance
$150
Condo fees, half counted
$412
Housing costs
$6,527 / mo

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

Down payment20% · $211,800
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$4,456 / mo
Cash down
$211,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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