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New3 hours ago

5103 - 138 Downes Street

Waterfront Communities C8, Toronto

$828,000

Condo Apartment |
2 | 2 | 0 | 0
About this home

Downtown Lakeview Condo! Sugar Wharf Condominiums By Menkes. Unique Unit East Exposure. Enjoy a spectacular lake view from your large L-shaped balcony. Beautiful "Atlantic" Model. 798 sqft Interior And 324 sqft Balcony. Open Concept 2 Bedroom & 2 Full Bathrooms. Steps Away From Sugar Beach & Restaurants. Farm Boy, Loblaws, LCBO, Direct Access To Future Path & School. Live In The Best And The Largest Toronto Waterfront Community. **Note: virtual staging of the living room and the primary bedroom just for reference**.Don't Miss This Incredible Opportunity!

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$779
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$4,370
mls© NumberC14138724
Listed ByJDL REALTY INC.
Common Elements Included
Building Insurance 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%
$4,238
Property tax
$364
Heat allowance
$150
Condo fees, half counted
$389
Housing costs
$5,142 / mo

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

Down payment20% · $165,600
25-yr amortization

Income needed

$158,000

gross annual household income

Payment at 4%
$3,484 / mo
Cash down
$165,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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