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New5 days ago

5403 - 8 The Esplanade N/A

Waterfront Communities C8, Toronto

$558,000

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

Welcome To The Iconic L-Tower, Ideally Located In The Heart Of Downtown Toronto. This High-Floor 1 Bedroom Plus Large Den Suite Offers Spectacular Lake And City Views, With The Spacious Den Easily Serving As A Second Bedroom Or Home Office. Featuring 9-Foot Ceilings, Floor-To-Ceiling Windows, Hardwood Floors, A Walk-In Closet, And Approximately 637 Sq. Ft. Of Functional Living Space. Enjoy Express High-Speed Elevators, 24-Hour Concierge, Indoor Pool, And Fitness Centre. Just Steps To Union Station, The Financial District, St. Lawrence Market, Scotiabank Arena, The PATH, Subway, Gardiner Expressway, And Toronto's Waterfront. An Exceptional Opportunity To Experience Downtown Living At Its Finest.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$743
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,462
mls© NumberC13620626
Listed ByBAY STREET GROUP INC.
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.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,856
Property tax
$372
Heat allowance
$150
Condo fees, half counted
$371
Housing costs
$3,749 / mo

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

Down payment20% · $111,600
25-yr amortization

Income needed

$115,000

gross annual household income

Payment at 4%
$2,348 / mo
Cash down
$111,600

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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