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New2 hours ago

1702 - 7 Carlton Street

Church-Yonge Corridor, Toronto

$498,000

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

Luxury Condominium Living At Its Finest In Downtown Toronto At Yonge & College! Right Above College Subway Station At The Prestigious Ellington! It Is A Bright Bachelor Suite Flooded With Natural Light. Steps Away From Universities, Hospitals, Restaurants, Shopping, Public Transportation, Entertainment And Financial Districts. 24/7 Concierge Service, A Sauna, Library, Party Room, Billiards, Table Tennis and Gym with 100 meter running track and state of the art equipment.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$494
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$1,803
mls© NumberC14117496
Listed ByRE/MAX METROPOLIS REALTY
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,549
Property tax
$150
Heat allowance
$150
Condo fees, half counted
$247
Housing costs
$3,096 / mo

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

Down payment20% · $99,600
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,096 / mo
Cash down
$99,600

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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