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New4 hours ago

N505 - 116 George Street

Moss Park, Toronto

$749,000

Condo Apartment |
2 | 1 | 1 | 0
About this home

Welcome to this beautifully updated 2-bedroom suite at the award-winning Vu Condominiums, offering modern comfort and an unbeatable downtown Toronto location. Bright and spacious, this inviting home features 10-foot ceilings, large windows, and a private walk-out balcony. Extensively renovated in 2022, the suite features a stylishly updated kitchen, new flooring, smooth ceilings with the popcorn removed, and refreshed bathroom finishes, including new floor and bathtub surround tiles. Custom-built closets throughout provide exceptional storage and organization. A standout feature is the larger-than-standard parking space, complete with a private EV charger dedicated exclusively to the space-a rare and valuable convenience for electric vehicle owners. Enjoy an impressive selection of building amenities, including 24-hour concierge service, a fully equipped fitness centre, and a rooftop terrace with BBQs and comfortable lounge areas. Perfectly positioned just steps from St. Lawrence Market, the Distillery District, George Brown College, TTC, hospitals, parks, restaurants, and the downtown core, with convenient access to major highways. Move-in ready and thoughtfully upgraded, this is downtown living at its finest-combining style, functionality, and an exceptional location.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$763
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,530
mls© NumberC13817354
Listed ByRIGHT AT HOME REALTY
Water Included
Common Elements Included
Building Insurance 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%
$3,834
Property tax
$294
Heat allowance
$150
Condo fees, half counted
$381
Housing costs
$4,659 / mo

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

Down payment20% · $149,800
25-yr amortization

Income needed

$143,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

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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