308 Palmerston Avenue 601, Toronto C01

$449,900
308 Palmerston Avenue 601

$449,900

New
23d
Condo ApartmentApartment

308 Palmerston Avenue 601, Toronto C01

Total Monthly Obligation $2,739

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
23d
Score
21
Yield
6.4%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C13846472
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,071.74 (2026)
Maintenance-$552/mo
Locker-Exclusive
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL ESTATE HOMEWARD
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-immediately
Neighbourhood-Trinity-Bellwoods
Title-Residential Condo & Other

No agent assigned

Welcome to Europa Condominium Located at Palmerston Ave and College St. In Little Italy. This One Bedroom Condo Offers Juliette Balcony, Sunny Living and Dining Rooms, Hardwood Floor Through Out, Granite Counter Top With Breakfast Bar, Stainless Appliances, 4 Pc Washroom, Spacious Exclusive Locker. The Building Amenities Include: Security Guard, Gym, Party Room. It Is Ready To Move In Condition, Freshly Painted and updated. Quick Access to Trinity Bellwoods, Alexandra Park, Toronto Weston Hospital & The University of Toronto, Queen West, Dundas West & Little Portugal, Many Trendy Restaurants, Shops. TTC At Your Doorsteps!

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

Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,739/mo
Mortgage $1,815
Monthly Loss $2,262
Principal$478
Interest$1,337
Property Tax$173
Condo Fees$552
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.0%36
10-Year IRR
10.8%
Returns Index
18.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,608/yr
NOI
$14,651/yr
Net Cash Flow
-$594/mo
Cash Margin
-24.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.0/ 100

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

Comparables

Properties near 308 Palmerston Avenue 601

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.