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1804 - 1055 Bay Street
Bay Street Corridor, Toronto
$429,900
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.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $579 |
| Locker | Owned |
| Balcony | None |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,478 |
| mls© Number | C13641774 |
| Listed By | RE/MAX PREMIER INC. |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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