88 Charles Street E 702, Toronto C08

$499,000
88 Charles Street E 702

$499,000

New
22d
Condo Apartment2-Storey

88 Charles Street E 702, Toronto C08

Total Monthly Obligation $3,671

Beds
1
Baths
2
Park
0
Sqft
900-999
DOM
22d
Score
17
Yield
7.2%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-C13849634
Beds-1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$3,015.53 (2025)
Maintenance-$1,206.58/mo
Locker-Exclusive
Parking-None
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stucco (Plaster)
Roof-Not Applicable
Foundation-Concrete Block
Possession-IMMEDIATE/TBA
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to suite 702 - 88 Charles St E in the Church/Yonge Corridor of Toronto. This unique penthouse condo offers a combination of livability design and quality in a sought after boutique building. Originally The Waldorf Astoria Hotel now converted to condo living. This luxurious and exceptionally unique 2 storey penthouse near Younge + Bloor offers a large primary bedroom on the upper level with a large closet + spa like ensuite bathroom. An open concept floor plan with wood flooring throughout, updated kitchen with s/s appliances + stone countertops. Skylit upper landing with built ins allow natural lighting. This condo wont disappoint as it features old meeting new and location is fantastic. Walking distance to great shopping and TTC. This condo has it all!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,671/mo
Mortgage $2,013
Monthly Loss $3,141
Principal$530
Interest$1,483
Property Tax$251
Condo Fees$1,207
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.6%21
10-Year IRR
9.1%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,108/yr
NOI
$12,603/yr
Net Cash Flow
-$963/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.9/ 100

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

Comparables

Properties near 88 Charles Street E 702

Time

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Data last updated within the past 24 hours.