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New51 minutes ago

309 - 425 Front Street E

Waterfront Communities C8, Toronto

$548,000

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

2-years old Brand New condo located at the historic gateway of Front st E and Cherry St, the boundaries of nature and home are redefined, Where natural elements are complemented with contemporary design, Hand- scraped wood speaks to a rich heritage and a sublet palette creates an unparalleled sense of calm, Clean urban-style grocery store Marche Leo's Market in Canary District, The store always brings fresh products, groceries, coffee and ready-to-eat meals to the Downtown East, Unit having 1 bed plus Den with Swing door boats 9 ceilings, modern finishes, upscale built-in appliances, no Broadloom, with Welcoming fresh morning sunshine from the East Exposure, Close to all amenities : shops, TTC/Streetcar stop in front of building, steps to distillery and waterfront, Future Ontario Line with Corktown Station, Future GO line will unite Canary District to Downtown core & larger GTA in a minutes, Connect to future East Harbour Transit Hub, Cross street w/ biggest YMCA in town, Short walks to St. Lawrence Market & George Brown College, Easily access to Hwy DVP & Gardiner Express

Extras

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TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$451
LockerNone
BalconyJuliette
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,182
mls© NumberC13851456
Listed ByHOME STANDARDS BRICKSTONE REALTY
Heat Included
CAC Included
Common Elements 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%
$2,805
Property tax
$265
Heat allowance
$150
Condo fees, half counted
$226
Housing costs
$3,446 / mo

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

Down payment20% · $109,600
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,306 / mo
Cash down
$109,600

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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