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New1 hour ago

502 - 1080 Bay Street

Bay Street Corridor, Toronto

$985,000

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

Prestigious U Condos Residences! Located In The Core Of Downtown.Bright, *Spacious & Sunfilled 896 Sq.Ft+277 Sq.Ft Bal, S/E Corner Unit W/Parking & Locker.Luxurious Lifestyle In Toronto's Most Exclusive Bay Street And Yorkville District. Unobstructed Parkette View.9 Ft Ceiling.Floor To Ceiling Windows.Double Walk-Out Balconies.Right Next To U Of T Campus And Queen's Park. Steps To TTC, Bloor/Yorkville Shops And Restaurants.Unique Opportunity to Purchase an Outstanding Corner Unit since Price is Substantially Reduced to Sell Fast!!

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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
Size800-899 sq. ft.
Maintenance Fees$762
LockerExclusive
BalconyEnclosed
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$5,595
mls© NumberC13640974
Listed ByCENTRAL CAPITAL REALTY INC.
CAC Included
Common Elements Included
Condo Taxes Included
Heat Included
Building Insurance 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%
$5,042
Property tax
$466
Heat allowance
$150
Condo fees, half counted
$381
Housing costs
$6,039 / mo

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

Down payment20% · $197,000
25-yr amortization

Income needed

$186,000

gross annual household income

Payment at 4%
$4,145 / mo
Cash down
$197,000

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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