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New3 hours ago

456 - 121 Lower Sherbourne Street

Moss Park, Toronto

$488,888

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

Best value! Priced to sell! Stylish and very convenient location in the building. Don't spend hours finding a parking spot in busy downtown Toronto. This unit is the only One-Bedroom condo UNDER $500K with one parking spot and locker in this building. The bright, open living space is perfect for relaxing or entertaining, with premium laminate floors keeps floor easy to clean. Soaring 9-foot ceilings make everything feel bigger and brighter. No worries about monthly utility costs, as the Maintenance fee covers Water and Heat and parking and a locker. Just a few minutes' walk to the Distillery District, St Lawrence Market, & Sugar Beach, Parliament Square & Princess St Park! Only 10 min walk to Union Station and two minutes to No-Frills and shopping,

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$535
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,900
mls© NumberC13800368
Listed ByAIMHOME REALTY INC.
Heat 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%
$2,502
Property tax
$242
Heat allowance
$150
Condo fees, half counted
$268
Housing costs
$3,162 / mo

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

Down payment20% · $97,778
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,057 / mo
Cash down
$97,778

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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