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| Water Included | |
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| Parking Included | |
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611 - 38 Elm Street
Bay Street Corridor, Toronto
$672,000
Welcome to Minto Plaza, a premier downtown Toronto residence just steps from Yonge Street. This bright and spacious 2-bedroom, 2-bathroom suite offers approximately 1,008 sq. ft. of thoughtfully designed living space with a highly desirable split-bedroom layout. Fully renovated and move-in ready, the unit features custom kitchen with quartz countertops, Vinyl flooring, fresh paint, Stainless steel appliances, generous principal rooms, and excellent storage. The large primary bedroom includes a walk-in closet and 4-piece ensuite. Enjoy preferred south west exposure , plus one parking space and one locker. All-inclusive maintenance fees cover utilities. Building amenities include a 24-hour concierge, indoor pool, sauna, gym, study and piano lounges, and rooftop terrace. Steps to Dundas subway station, Eaton Centre, TMU, hospitals, U of T, the Financial District, shopping, dining, and entertainment. No pets permitted. Some images are virtually staged.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 1000-1199 sq. ft. |
| Maintenance Fees | $1,276 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,027 |
| mls© Number | C14029726 |
| Listed By | FIRST CLASS REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,440
- Property tax
- $336
- Heat allowance
- $150
- Condo fees, half counted
- $638
- Housing costs
- $4,563 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$140,000
gross annual household income
- Payment at 4%
- $2,828 / mo
- Cash down
- $134,400
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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