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New2 hours ago

2805 - 501 YONGE Street

Church-Yonge Corridor, Toronto

$699,900

Condo Apartment |
2 + 1 | 2 | 1 | 1
About this home

Welcome to Teahouse Condominiums! This bright 2 bedrooms + den, Den can be used as 3rd bedroomwith Private door , walk out to balcony Bright & sunshine !! 2-bathroom suite with parkingoffers a functional open-concept layout, floor-to-ceiling windows, modern finishes, and a sleekkitchen with built-in appliances. Located in the heart of downtown Toronto, you're steps fromTTC, the University of Toronto, subway stations, hospitals, Eaton Centre, restaurants, and theFinancial District. Enjoy premium amenities including a 24-hour concierge, outdoor pool, spa,sauna, fitness centre, lounges, and party rooms....etc.Good income to have as 3 bedrooms rentout or with enjoyment for your family sizes!!! Easy showing with lockbox, please remove shoes ,leave all lights open ,Do not use washroom and respect with the beautiful cleaned unit !!!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$760
LockerOwned
BalconyOpen
ExposureNorth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$4,673
mls© NumberC13640382
Listed ByFIRST CLASS REALTY INC.
Heat Included
Building Insurance Included
Common Elements 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%
$3,582
Property tax
$389
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$4,502 / mo

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

Down payment20% · $139,980
25-yr amortization

Income needed

$139,000

gross annual household income

Payment at 4%
$2,945 / mo
Cash down
$139,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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