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New3 hours ago

705 - 71 Simcoe Street

University, Toronto

$568,500

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

Get in tune with luxury at Symphony Place! This boutique, New York style building has it all! 100/100 Walk & Transit Score! 1 Minute Walk To Subway & Underground Path Network. Stunning 1+1 bed unit with 840 sq ft. Huge primary bedroom with 4-pc bathroom and built in closet. The galley style kitchen features stainless steel appliances and plenty of counter space for budding chefs! There is also a good sized office with big windows that let in plenty of light. The living dining space is huge. Even the foyer is over sized and gives a feeling of space from the moment you step into this wonderful condo. An ensuite laundry adds further convenience. Maintenance fees include all utilities. Parking included! Steps from the Financial and Entertainment Districts, Union Station, Rogers Centre and Scotia Bank Arena.

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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$1,045
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,992
mls© NumberC13643006
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
CAC Included
Building Insurance Included
Parking Included
Common Elements Included
Hydro 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%
$2,910
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$522
Housing costs
$3,832 / mo

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

Down payment20% · $113,700
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,392 / mo
Cash down
$113,700

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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