89 Mcgill Street 2507, Toronto C08

$460,000
89 Mcgill Street 2507

$460,000

New
25d
Condo ApartmentApartment

89 Mcgill Street 2507, Toronto C08

Total Monthly Obligation $2,659

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
25d
Score
19
Yield
5.6%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-C13835300
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,163.82 (2026)
Maintenance-$422.93/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Chic, modern Tridel built condo suite in the heart of Downtown Toronto! Featuring ***CLEAR CITY VIEWS ***east light ***9 foot high ceilings ***modern kitchen with STONE COUNTERS and STAINLESS STEEL APPLIANCES ***spacious, light filled living room with FLOOR-TO-CEILING WINDOWS and balcony walk out ***NEW (2026) VINYL FLOORING throughout ***FRESHLY PAINTED. 96 walk score and 98 transit score! Minutes to Allan Gardens, Ryerson/Toronto Metropolitan University, TTC Subway Station, Toronto General Hospital, Dundas Square, Eaton Centre, Cafes & Shops. Enjoy state of the art amenities such as a ROOFTOP PATIO AND POOL, gym, yoga studio, theatre, party room and sauna.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$368,000
Land Transfer Taxes$5,675
Legal Fees (Est.)
$
Total cash required for closing$99,175

Total Monthly Obligation

$2,659/mo
Mortgage $1,856
Monthly Loss $2,170
Principal$488
Interest$1,367
Property Tax$180
Condo Fees$423
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.7%27
10-Year IRR
9.7%
Returns Index
14.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$25,536/yr
NOI
$13,343/yr
Net Cash Flow
-$744/mo
Cash Margin
-34.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 89 Mcgill Street 2507

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.