20 richardson Street 804, Toronto C08

$419,900
20 richardson Street 804

$419,900

New
22d
Condo ApartmentApartment

20 richardson Street 804, Toronto C08

Total Monthly Obligation $2,532

Bed+Den
1+1
Baths
1
Park
0
Sqft
0-499
DOM
22d
Score
18
Yield
5.3%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-C13851792
Bed+Den-1+1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,480 (2026)
Maintenance-$432/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Electric)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-59 days
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 422 sq. ft. studio - the largest studio layout in the building! Located in Toronto's highly sought-after waterfront community, this exceptionally well-designed suite offers more living space than a typical studio, with a functional layout that maximizes every square foot. Featuring quality finishes, a modern gourmet kitchen with integrated appliances and a functional centre island, the suite combines style, comfort and practicality. Step outside to your large private balcony. An excellent opportunity for first-time buyers, investors, or those seeking a convenient downtown lifestyle. Ideally located just steps from the waterfront, Sugar Beach, George Brown College, Loblaws, St. Lawrence Market, Union Station, restaurants, shops and everyday amenities. A rare opportunity to own the building's largest studio floor plan in one of Toronto's most vibrant waterfront communities!

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

Closing Costs

Mortgage Amount
$335,920
Land Transfer Taxes$4,873
Legal Fees (Est.)
$
Total cash required for closing$90,353

Total Monthly Obligation

$2,532/mo
Mortgage $1,694
Monthly Loss $2,087
Principal$446
Interest$1,248
Property Tax$207
Condo Fees$432
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.9%18
10-Year IRR
8.4%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$22,428/yr
NOI
$10,121/yr
Net Cash Flow
-$850/mo
Cash Margin
-45.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
29.5/ 100

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

Comparables

Properties near 20 richardson Street 804

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.