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New2 hours ago

1401 - 89 Mcgill Street

Church-Yonge Corridor, Toronto

$448,888

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

Tridel Built "Alter" Bright And Spacious 1 Bedroom Unit. Walk Out To Balcony! Great Amenities. Conveniently Located.Unobstructed View Of Downtown. Walk To Subway, Ryerson University, Nearby St Michael Hospital.24 Hr Concierge, Yoga Studio, Fitness Studio, Wet Lounge And Whirlpool, Outdoor Pool.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$429
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,110
mls© NumberC14126686
Listed ByCENTURY 21 MYPRO REALTY
CAC Included
Common Elements Included
Building Insurance Included

Listing History

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  • 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%
$2,298
Property tax
$176
Heat allowance
$150
Condo fees, half counted
$215
Housing costs
$2,838 / mo

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

Down payment20% · $89,778
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,778

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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