121 St Patrick Street 416, Toronto C01

$359,000
121 St Patrick Street 416

$359,000

New
23d
Condo ApartmentApartment

121 St Patrick Street 416, Toronto C01

Total Monthly Obligation $1,992

HausQ Valuation Report
Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
23d
Score
25
Yield
6.4%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Condo Apartment
MLS® Number-C13844760
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Maintenance-$343.98/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-90
Neighbourhood-Kensington-Chinatown
Title-Residential Condo & Other

No agent assigned

Welcome to Artists' Alley in the heart of downtown Toronto! This thoughtfully designed 360 sq. ft. "Jet" studio, as per builder's floor plan, offers an efficient open-concept layout with no wasted space and includes a private locker. Featuring contemporary finishes, quartz countertops, integrated appliances, modern cabinetry, and wood and ceramic flooring throughout with no carpet. Designed by renowned Hariri Pontarini Architects with amenity spaces by award-winning Studio Munge. Enjoy exceptional walkability just steps to St. Patrick subway station, OCAD University, the AGO and Grange Park, and approximately a 15-minute walk to U of T's St. George Campus and Temerty Faculty of Medicine at the Medical Sciences Building. Toronto General, Mount Sinai, Princess Margaret and SickKids are also nearby, along with Queen Street West, Eaton Centre, restaurants, cafés and shopping. An ideal downtown home for students, medical professionals, first-time buyers or investors.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$287,200
Land Transfer Taxes$3,860
Legal Fees (Est.)
$
Total cash required for closing$77,160

Total Monthly Obligation

$1,992/mo
Mortgage $1,448
Monthly Loss $1,611
Principal$381
Interest$1,067
Condo Fees$344
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.6%
Returns Index
27.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$22,980/yr
NOI
$14,154/yr
Net Cash Flow
-$269/mo
Cash Margin
-14.0%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
38.0/ 100

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

Comparables

Properties near 121 St Patrick Street 416

Time

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Data last updated within the past 24 hours.