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New9 hours ago

506B - 25 Ritchie Avenue

Roncesvalles, Toronto

$635,000

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

Welcome to this unique top-floor loft at 25 Ritchie Ave, offering an incredible combination of indoor-outdoor living and panoramic city views. This bright and stylish 1-bedroom suite features 9-ft ceilings, hardwood floors, ensuite laundry, and roll-down blinds throughout. The modern kitchen is finished with a striking red quartz countertop and backsplash, stainless steel appliances, gas stove, and built-in microwave. Step outside to your private balcony or head up to the rooftop terrace with spectacular 360 views, complete with a BBQ and dedicated gas line-perfect for entertaining. Additional features include a glass-enclosed shower, owned AC, furnace and hot water heater, underground parking and locker. Enjoy the building's charming courtyard and an unbeatable Roncesvalles location close to transit, shops, restaurants, parks and everything the neighbourhood has to offer.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleLoft
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$670
LockerOwned
BalconyTerrace
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,993
mls© NumberW13817522
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Common Elements 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%
$3,250
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$335
Housing costs
$3,984 / mo

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

Down payment20% · $127,000
25-yr amortization

Income needed

$123,000

gross annual household income

Payment at 4%
$2,672 / mo
Cash down
$127,000

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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