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New6 days ago

PH1 - 20 Niagara Street

Waterfront Communities C1, Toronto

$5,699,000

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

Discover the essence of luxury living in the heart of Toronto's King West neighbourhood with this stunning penthouse condo, offered fully furnished and meticulously renovated from top to bottom- allowing the ease of moving right in. Spanning just under 2,700 square feet of exquisite indoor space, this residence boasts soaring 16-foot ceilings on the main level, adding to its grandeur. The two spacious bedrooms each feature their own luxurious ensuite and walk-in closets, providing the ultimate in comfort and privacy. The chefs kitchen is a culinary masterpiece, with custom cabinetry, double fridges, a full induction range stove, a walk-in pantry, and a convenient eat-at island. Step outside to nearly 1,500 square feet of outdoor living spaces, including a private rooftop terrace with an outdoor kitchen, barbecue and ample space for the perfect outdoor retreat. Enjoy the warmth of a unique wood-burning fireplace and the convenience of a private elevator. With two additional private balconies offering park and city views, and two car parking spaces, this penthouse is a true urban oasis. Luxury Certified.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style3-Storey
Approx. Age16-30
Size2750-2999 sq. ft.
Maintenance Fees$2,397
LockerOwned
BalconyTerrace
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesNone
Property Tax$15,014
mls© NumberC13619202
Listed ByRE/MAX ESCARPMENT REALTY INC.
Heat Included
Water Included
Building Insurance Included
Parking 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%
$29,170
Property tax
$1,251
Heat allowance
$150
Condo fees, half counted
$1,198
Housing costs
$31,770 / mo

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

Down payment20% · $1,139,800
25-yr amortization

Income needed

$978,000

gross annual household income

Payment at 4%
$23,982 / mo
Cash down
$1,139,800

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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