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New15 minutes ago

1508 - 57 St Joseph Street

Bay Street Corridor, Toronto

$899,999

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Not your typical downtown condo. Set on the distinctive 15th floor of 1000 Bay, this approximately 1,020 sq. ft. residence offers a thoughtfully designed 2+1 bedroom, two-bathroom layout, two west-facing balconies totalling approximately 166 sq. ft., and beautiful open views with spectacular sunsets. At its heart is an exceptional custom Valcucine kitchen from Italy, featuring the innovative New Logica system, frosted tempered-glass countertops, integrated storage and a full suite of Miele appliances, including an induction cooktop and steam oven. Custom live-edge woodwork by Urban Tree Salvage and thoughtfully designed built-in closets add warmth, character and functionality. The layout offers an added sense of privacy. Parking and locker included. Enjoy a rooftop outdoor pool, terrace, gym and inviting amenities, all just moments from Yorkville, the University of Toronto and the best of downtown living. A genuinely distinctive home for those who appreciate considered design and something beyond the ordinary.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$1,004
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$7,213
mls© NumberC14180536
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Water Included
Parking Included
Common Elements Included
Heat Included
Building Insurance Included
CAC Included

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%
$4,607
Property tax
$601
Heat allowance
$150
Condo fees, half counted
$502
Housing costs
$5,860 / mo

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

Down payment20% · $180,000
25-yr amortization

Income needed

$180,000

gross annual household income

Payment at 4%
$3,787 / mo
Cash down
$180,000

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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