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New33 minutes ago

905 - 501 Yonge Street

Church-Yonge Corridor, Toronto

$918,000

Condo Apartment |
3 + 1 | 2 | 1 | 1
About this home

Rare Downtown Opportunity at Teahouse Condos! Spacious 3-Bedroom, 2-Bathroom Suite with ***1 Parking Space and 1 Locker *** - a highly desirable combination in the heart of Toronto. Bright and functional layout featuring floor-to-ceiling windows, impressive city views, and a modern kitchen with sleek built-in appliances. Unbeatable location steps to College & Wellesley subway stations, U of T, TMU, major hospitals, Yorkville, shopping, restaurants and everyday conveniences, with easy access to the Financial District. Residents enjoy an exceptional selection of amenities including 24-hour concierge, outdoor pool, fitness centre, yoga room, sauna, spa, theatre, BBQ area, stylish lounges and party rooms. An excellent choice for end users, families or investors looking for space, convenience and long-term value in one of Downtown Toronto's most connected locations.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$828
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,018
mls© NumberC13837530
Listed ByHOMELIFE LANDMARK REALTY INC.
Parking Included
Common Elements Included
Building Insurance 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%
$4,699
Property tax
$335
Heat allowance
$150
Condo fees, half counted
$414
Housing costs
$5,597 / mo

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

Down payment20% · $183,600
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$3,863 / mo
Cash down
$183,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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