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Listed 7 days ago

2405 - 633 Bay Street

Bay Street Corridor, Toronto

$450,000

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

Rarely found oversized one-bedroom type condo rather than two useless small bedrooms. The bedroom can easily accommodate a king size bed plus furniture with a true walk-in closet waiting for your customization. Built in wall unit in living room. No parking? No problem. LOCATION: This location is ideal for financial district workers or Eaton Center shopaholics. Get to the Path or Subway in minutes. The Dundas Streetcar takes you across the city east and west while the Bay St bus takes you up to Yorkville or Bloor Street shopping. UPDATES: old carpet already removed, toilets, taps and shut-offs. AMENITIES: The Club Horizon facilities includes a games room featuring a brand new pool table, brand new foosball table and brand new ping-pong table, squash court, multi-use court for basketball, indoor pool, whirlpool, saunas, exercise room, theater room with a large screen TV and DVD and an expansive roof garden with seating, gas barbecues and hot tub. Storage Lockers are available for rent from the building for $85-115. E-bike/bicycle parking available for $72 per year.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size900-999 sq. ft.
Maintenance Fees$1,026
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$3,506
mls© NumberC13612998
Listed ByFREEMAN REAL ESTATE LTD.
Heat Included
Hydro Included
Water Included
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%
$2,303
Property tax
$292
Heat allowance
$150
Condo fees, half counted
$513
Housing costs
$3,259 / mo

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

Down payment20% · $90,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$1,894 / mo
Cash down
$90,000

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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