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| Hydro Included | |
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404 - 117 Gerrard Street E
Church-Yonge Corridor, Toronto
$325,000
More space, more light and a layout with options! This bright and spacious downtown suite offers plenty of room to live, work and entertain, with separate living and dining areas, a dedicated office space, updated kitchen and an abundance of natural light throughout. The bedroom remains a generous, defined sleeping area, while the former dividing wall has been removed to create a larger, more open feel and maximize the usable space. Prefer a little more separation? A virtually staged photo shows how easily a stylish divider could be incorporated while keeping the room bright and spacious. The maintenance fee includes all of your utilities, cable and high speed internet! The building is loaded with amenities, including an incredible rooftop terrace with panoramic city views and hot tub, fully equipped gym, games room, party room, sauna, visitor parking and 24 hour concierge/security. Right in the heart of downtown, with a walk score of 98/100, you're surrounded by everything that makes city living convenient: Toronto Metropolitan University, the Eaton Centre, hospitals, restaurants, groceries, transit and the subway are all close by. An excellent option for first time buyers, professionals, students, investors or anyone looking for a spacious downtown home with a layout that can adapt to how you actually want to live. *Some photos virtually staged.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $700 |
| Locker | None |
| Balcony | None |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $1,825 |
| mls© Number | C14099186 |
| Listed By | RE/MAX WEST 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%
- $1,663
- Property tax
- $152
- Heat allowance
- $150
- Condo fees, half counted
- $350
- Housing costs
- $2,316 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$71,000
gross annual household income
- Payment at 4%
- $1,368 / mo
- Cash down
- $65,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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