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New4 hours ago

1505 - 717 Bay Street

Bay Street Corridor, Toronto

$415,000

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

Bright and spacious approx. 505 sq. ft. suite at The Liberties, featuring a separate bedroom for added privacy, a solarium, a newly renovated 4-piece bathroom, a full kitchen with a brand-new refrigerator, and ensuite laundry. Steps to College subway station, U of T, Toronto General, Mount Sinai, SickKids, Women's College Hospital, Farm Boy, Metro, shops, and restaurants. Enjoy 24-hour concierge, indoor pool, gym, sauna, rooftop terrace, running track, and more. An excellent downtown home or investment opportunity!

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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
Size500-599 sq. ft.
Maintenance Fees$488
LockerEnsuite
BalconyNone
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesUnderground
Property Tax$2,179
mls© NumberC13800292
Listed ByDREAM HOME REALTY INC.
Cable TV Included
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance 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%
$2,124
Property tax
$182
Heat allowance
$150
Condo fees, half counted
$244
Housing costs
$2,700 / mo

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

Down payment20% · $83,000
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,746 / mo
Cash down
$83,000

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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