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New2 hours ago

611 - 25 Telegram Mews

Waterfront Communities C1, Toronto

$488,000

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

Over look the waterfront in this open Concept, 1+1 Condo In The Most Magnificent Downtown Location - Right By The CN Tower And Rogers Center. Spacious Bathroom And Shower. Inviting Kitchen With space for an Island And Bar Stools For Eating and Entertaining. maintenance for Excellent Amenities Within The Building: Indoor Pool, Gym, Theatze, Bbq Area, Hot Tub, Sauna, 24Hr Concierge. Walking Distance To Grocery Stores, Restaurants, Shops, highways And The Waterfront. Perfect For a Single Or Couple!

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nest zoom realty
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TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$387
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,287
mls© NumberC14090824
Listed ByRE/MAX REALTRON REALTY INC.
Heat Included
Common Elements Included
Building Insurance Included
Water Included
CAC 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%
$2,498
Property tax
$191
Heat allowance
$150
Condo fees, half counted
$194
Housing costs
$3,032 / mo

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

Down payment20% · $97,600
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,054 / mo
Cash down
$97,600

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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