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New1 hour ago

1422 - 20 Edward Street

Bay Street Corridor, Toronto

$499,000

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

Brand New Luxury Condo. This one bedroom and 1 study is great for those looking to live in the heart of downtown. Steps Away From Toronto Metropolitan University (TMU), University Of Toronto, Hospitals, And The Eaton Center. Close To Transit And The Gardiner. This Beautiful Open Concept Unit With Large Private Balcony is perfect for those looking for a modern unit in an amazing location. The Building Has Great Amenities Including A Gym, Party/Meeting Room, 24Hr Security, And Games Room. The unit and location make this a must see.

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$331
LockerNone
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,305
mls© NumberC13809954
Listed ByHOMELIFE/MIRACLE REALTY LTD
Heat Included
Common Elements Included
Building Insurance Included
CAC 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%
$2,554
Property tax
$275
Heat allowance
$150
Condo fees, half counted
$166
Housing costs
$3,145 / mo

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

Down payment20% · $99,800
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,100 / mo
Cash down
$99,800

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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