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New2 hours ago

221 - 775 King Street W

Niagara, Toronto

$569,888

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

Busy professional by day, homebody by night, city enthusiast on weekends: this rarely found two-storey, one-bedroom condo at 775 King St W fits all three. Its 682 sq. ft. layout is flooded with natural light by a two-storey floor-to-ceiling window, and the open living, dining, and kitchen space flows to a balcony where electric BBQs are permitted. The private bedroom level upstairs is a quiet retreat after a long workday. The LEED-certified, energy-efficient building comes with incredibly low maintenance fees, so it's easy to own as well as live in. The King streetcar makes the commute to the Financial District simple, and the restaurants, cafés, shops, and nightlife of King West and Queen West, plus Trinity Bellwoods Park and Stackt Market, are all close by.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style2-Storey
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$463
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,238
mls© NumberC13857756
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Heat Included
CAC Included
Building Insurance Included
Parking 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%
$2,917
Property tax
$270
Heat allowance
$150
Condo fees, half counted
$231
Housing costs
$3,568 / mo

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

Down payment20% · $113,978
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,398 / mo
Cash down
$113,978

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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