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Listed 7 days ago

1115 - 320 Richmond Street E

Moss Park, Toronto

$605,000

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

This is Modern Love. Where style meets sunshine in this perfect 2 bedroom, 2 bathroom corner suite with an incredibly spacious balcony. East-facing views so glorious, you and your plants will thrive. Step into your open-concept layout where floor-to-ceiling and wall-to-wall windows flood the space with morning glory glow. The primary bedroom is basically your personal sanctuary, complete with a private ensuite bathroom, double closets and direct balcony access. Morning coffee in a robe anyone? Outside your door? Everything. The Modern sits at Richmond & Sherbourne, steps to the Distillery District, St. James Park, King Street, and Allan Gardens. Forgot milk or need a manicure? The ground-level retail has you covered. The new Ontario Line station will be conveniently located just one block North at Moss Park Station, offering seamless connections and convenient transfers to transit lines. And when it's time to unwind or entertain, the amenities shine. A hotel worthy rooftop pool and sundeck, sauna, party room, guest suites, and visitor parking. Yes, your friends will want to come over. This is downtown living with a heartbeat. Stylish, social, and smart. Welcome to The Modern.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$694
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,230
mls© NumberC13612320
Listed BySAGE REAL ESTATE LIMITED
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water 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%
$3,097
Property tax
$269
Heat allowance
$150
Condo fees, half counted
$347
Housing costs
$3,863 / mo

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

Down payment20% · $121,000
25-yr amortization

Income needed

$119,000

gross annual household income

Payment at 4%
$2,546 / mo
Cash down
$121,000

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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