35 hayden street

Here is a property for sale in 35 Hayden Street, Toronto. It is a one bedroom, 1 washroom unit located near the yonge and bloor area. The suite #1014 is for sale at $352,500 and is completely brand new with a parking spot. As the video shows, construction dust still lingers on the shelving. This particular building has a unit for sale at the moment.

With a great neighborhood, and many other projects going up in the area. This building will continue to be a great buy. One Bloor East by Great Gulf Homes will be built just a little north, and be one of Toronto’s premier buildings. Yonge street is changing, for the better. Many new condos are being planned. Zoning amendment signs are going up everywhere. The city’s core is densifying and becoming self sustaining. This has happened in large cities like New York City, making it still a cheap place to buy rental property.

This particular suite has the following monthly costs. I used a purchase price of $345,000 for this particular suite to leave room for negotiation. In this case, the unit can rent for about $1300-1,450 a month so for an investor a larger down payment or longer amortization at a higher rate would be required for cash positive consideration.

35 Hayden St #1014   $352,500

Buy to Live:

Purchase Price:                 $328,500

Down Payment:                $16,425

CMHC 3.75%:                    $11,702.81

Mortgage of:                     $323,777.81

Payment:                           $1,492.34

Taxes:                                $183.33

Condo Fees:                      $255.87

Utilities:                            $30

Insurance:                         $20

Payment Total:            $1981.54 per month

Buy to Rent:

Purchase Price:                 $328,500

Down Payment:                $65,700

CMHC 1.25%:                    $3,285.00

Mortgage of:                     $266,085.00

Payment:                           $1,226.43

Taxes:                                $183.33

Condo Fees:                     $255.87

Payment Total:            $1665.63 per month

To discuss this or any other properties please email me at wpianka@mortgagealliance.com.

1014- 35 Hayden Street, Toronto


About wojciechpianka

After a few years of studying English and History at the University of Toronto, I decided to transfer to Ryerson University and pursue a Bachelor of Commerce degree. While studying, I worked various jobs where I acquired many skills. Starting as a teller at Scotiabank, I moved on to being a manager of a restaurant, admin staff at a medical clinic, a sales agent for INGDirect and a manager at One King West Hotel. While all these jobs challenged me, I never felt my potential being utilized. Finally in 2008, I completed the Ontario Mortgage Agent Course and signed up with The Mortgage Alliance Company of Canada. This was a great decision, as it allowed me to use the skills I learned working to help people achieve their real estate and financial goals. My passion for real estate and numbers has lead me to becoming a mortgage agent. Growing up in New York City, I always had a fascination of historic buildings and skyscrapers. At 21, I bought my 1st property and have been investing in real estate ever since. I firmly believe thru steady, safe and conservative investing a one can obtain long term financial wealth. One day, I hope to develop the same buildings I help clients purchase.
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