| Heat Included | |
| Water Included | |
| Building Insurance Included | |
| Common Elements Included |
New2 hours ago
2506 - 501 Yonge Street
Church-Yonge Corridor, Toronto
$399,999
Condo Apartment |
1 | 1 | 0 | 0
About this home
Welcome to Teahouse Condos! This beautifully 1 Bedroom suite is located right in the heart of downtown Toronto. Featuring stainless steel appliances, ensuite laundry, One Twin Size Hideaway Bed In Living Room, and floor-to-ceiling windows showcasing beautiful city views. Enjoy unbeatable convenience with transit and subway access just steps away, walking distance to major hospitals, Eaton Centre, TMU, and the University of Toronto. Residents enjoy 24-hour concierge service and exceptional amenities, including a rooftop pool, lounge, visitor parking, and more.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $358 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,432 |
| mls© Number | C14159408 |
| Listed By | RE/MAX EXCEL REALTY LTD. |
Listing History
- No recent sale history for this listing.
- 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%
- $2,047
- Property tax
- $203
- Heat allowance
- $150
- Condo fees, half counted
- $179
- Housing costs
- $2,579 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $80,000
25-yr amortization
Income needed
$79,000
gross annual household income
- Payment at 4%
- $1,683 / mo
- Cash down
- $80,000
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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