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New2 hours ago

1403 - 717 Bay Street

Bay Street Corridor, Toronto

$768,000

Condo Apartment |
2 + 1 | 2 | 1 | 0
About this home

Large 2+1 Condo Unit In Core Downtown Toronto. Den Is Solarium And Can Be Used As 3 Bedroom. Steps To Subway, U Of T, Ryerson, Hospitals, And Entertainment/Financial District. Laminate Floor Throughout. This All Utilities Included. 2 Full Washrooms*Great Facilities In The Building*Indoor Pool,Gym, Sauna,Billiards*24 Hr Security. One Parking Included.Current monthly rental income$3,800.00

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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
Size1000-1199 sq. ft.
Maintenance Fees$1,145
LockerNone
BalconyNone
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,627
mls© NumberC13658716
Listed ByRE/MAX ATRIUM HOME REALTY
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water 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%
$3,931
Property tax
$302
Heat allowance
$150
Condo fees, half counted
$573
Housing costs
$4,956 / mo

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

Down payment20% · $153,600
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,232 / mo
Cash down
$153,600

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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