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New2 hours ago

605 - 51 Lower Simcoe Street

Waterfront Communities C1, Toronto

$550,000

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

Welcome to Suite 605 at 51 Lower Simcoe Street! This inviting downtown condo features an open-concept layout, floor-to-ceiling windows and a private balcony. The kitchen offers granite countertops, stainless steel appliances and a breakfast bar overlooking the living and dining area. A comfortable bedroom, ensuite laundry and easy-care flooring complete the space. Enjoy building amenities including an indoor pool, fitness centre, sauna, party room and billiards room. Ideally located near Union Station, the waterfront, Scotiabank Arena, Rogers Centre, steps away from parks, restaurants and shopping. A convenient place to call home in the heart of the city!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$530
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,677
mls© NumberC14115872
Listed ByREAL BROKER ONTARIO LTD.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

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%
$2,815
Property tax
$223
Heat allowance
$150
Condo fees, half counted
$265
Housing costs
$3,453 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$106,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

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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