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New2 hours ago

1318 - 15 Richardson Street

Waterfront Communities C8, Toronto

$858,399

Condo Apartment |
3 | 2 | 1 | 0
About this home

Welcome to Quay House by Empire Homes in the heart of downtown Toronto, right on the shores of Lake Ontario. This brand new condo features an open-concept layout with floor-to-ceiling windows, a modern kitchen with built-in appliances, and a spacious living area. Residents enjoy premium amenities, including 24-hour concierge, fitness centre, study lounge, co-working space, party room, catering kitchen, indoor lounge and dining area, rooftop terrace with BBQ, gated pet area and complimentary bike storage. Just steps from Sugar Beach, the Distillery District, St. Lawrence Market, Scotiabank Arena, and Union Station.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size1000-1199 sq. ft.
Maintenance Fees$780
LockerNone
BalconyOpen
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$5,598
mls© NumberC14171442
Listed ByTFN REALTY INC.
Common Elements Included
Building Insurance 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%
$4,394
Property tax
$467
Heat allowance
$150
Condo fees, half counted
$390
Housing costs
$5,400 / mo

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

Down payment20% · $171,680
25-yr amortization

Income needed

$166,000

gross annual household income

Payment at 4%
$3,612 / mo
Cash down
$171,680

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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