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New4 hours ago

2705 - 183 Wellington Street W

Waterfront Communities C1, Toronto

$1,950,000

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

Ritz Carlton Residences - Luxury Living in the Heart of Toronto's Financial District. When you think about your dream space - this is it! Expansive South Facing views from this 1255 sq ft One Bedroom Suite. Love to cook? Your Gourmet Kitchen awaits with Wolf and Sub-Zero appliances. As a resident, you will enjoy exclusive access to two floors of private amenities, including a sky lobby, fitness centre, meeting rooms, private theatre, coffee bar, a stunning outdoor terrace with barbecues. Additionally, residents benefit from exceptional services and amenities of The Ritz-Carlton Hotel, including a second fitness centre, indoor pool, hot tub, valet service, concierge.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size1200-1399 sq. ft.
Maintenance Fees$2,044
LockerOwned
BalconyNone
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$7,021
mls© NumberC13881832
Listed ByRE/MAX CONDOS PLUS CORPORATION
Heat Included
Water Included
Building Insurance Included
Parking Included
Common Elements 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%
$9,981
Property tax
$585
Heat allowance
$150
Condo fees, half counted
$1,022
Housing costs
$11,738 / mo

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

Down payment20% · $390,000
25-yr amortization

Income needed

$361,000

gross annual household income

Payment at 4%
$8,206 / mo
Cash down
$390,000

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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