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New5 hours ago

2711 - 955 Bay Street

Bay Street Corridor, Toronto

$395,000

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

Bright & Spacious Bachelor Unit @ Bay/Bloor. Unique Junior 1 Bed Layout, Featuring A Sleeping Area & Living/Dining Room. Check Out The Floorplan! Premium & Modern Finishes Throughout. Great Floorplan. Stunning Kitchen With Integrated Appliances, Backsplash & Tracklights. The Bathroom Includes Tile Flooring, Large Vanity & Full-Sized Bath-Tub. Living/Dining Spaces With Wide-Plank Laminate & Walk-Out To Balcony. Great Area! Steps From Bay/Bloor. Minutes to Transit, Restaurants, Queen's Park, YMCA, Shopping. Well Maintained & Move-In Ready!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$306
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesPrivate
Property Tax$2,209
mls© NumberC13638492
Listed ByHIGHGATE PROPERTY INVESTMENTS BROKERAGE INC.
Common Elements Included
Building Insurance 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%
$2,022
Property tax
$184
Heat allowance
$150
Condo fees, half counted
$153
Housing costs
$2,509 / mo

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

Down payment20% · $79,000
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,662 / mo
Cash down
$79,000

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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