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New6 hours ago

3006 - 20 Richardson Street

Waterfront Communities C8, Toronto

$419,900

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

See Virtual Tour! Great opportunity for first-time buyers and investors! Spacious studio in Toronto's sought-after waterfront community featuring quality finishes, a gourmet kitchen with integrated appliances, and a functional kitchen island. Prime downtown location steps to the lake, Sugar Beach, George Brown College, Loblaws, St. Lawrence Market, Union Station, restaurants, and more. Enjoy beautiful lake and city views from the large private balcony. Exceptional value in a vibrant waterfront neighborhood!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$408
LockerOwned
BalconyOpen
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,079
mls© NumberC13635520
Listed ByROYAL LEPAGE SUPREME REALTY
Common Elements Included
Water 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%
$2,149
Property tax
$173
Heat allowance
$150
Condo fees, half counted
$204
Housing costs
$2,677 / mo

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

Down payment20% · $83,980
25-yr amortization

Income needed

$82,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$83,980

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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