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New2 hours ago

1804 - 1055 Bay Street

Bay Street Corridor, Toronto

$429,900

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

Bright and Charming One Bedroom suite at Luxurious Polo 1. Steps to U of T and all the the Bay and Bloor Downtown Neighbourhood has to offer. Shops, Restaurants, Universities, Hospitals and Subway all at your doorstep. Unit has One Parking and a Locker.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size500-599 sq. ft.
Maintenance Fees$579
LockerOwned
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,478
mls© NumberC13641774
Listed ByRE/MAX PREMIER INC.
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking 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%
$2,200
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$290
Housing costs
$2,847 / mo

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

Down payment20% · $85,980
25-yr amortization

Income needed

$88,000

gross annual household income

Payment at 4%
$1,809 / mo
Cash down
$85,980

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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