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New6 days ago

2908 - 85 Queens Wharf Road

Waterfront Communities C1, Toronto

$369,000

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

Rarely offered high-floor bachelor suite. Freshly painted and professionally cleaned, it is move-in ready. It offers an outstanding floor plan with amazing views day and night. Floor-to-ceiling windows invite natural light throughout the day. With the best of Toronto's waterfront community at your feet. Steps to the Waterfront, Canoe Landing Park, The Well, Loblaws, LCBO, restaurants, schools, cafes, TTC, Rogers Centre, Scotiabank Arena, Stackt Market, Fort York, and easy highway access. Plus extensive amenities including an indoor pool, hot tub, fully equipped gym, basketball/badminton court, pet station, outdoor terrace with BBQs, party room, guest suites, 24-hour concierge/security, visitor parking and more. 2 of the photos are virtually staged to illustrate the potential layout, including a space-saving Murphy bed concept for flexible living and sleeping.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleOther
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$379
LockerNone
BalconyJuliette
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,026
mls© NumberC13619524
Listed ByRE/MAX HALLMARK REALTY LTD.
CAC Included
Common Elements Included
Heat Included
Building Insurance 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%
$1,889
Property tax
$169
Heat allowance
$150
Condo fees, half counted
$189
Housing costs
$2,397 / mo

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

Down payment20% · $73,800
25-yr amortization

Income needed

$74,000

gross annual household income

Payment at 4%
$1,553 / mo
Cash down
$73,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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