510 King Street E 330, Toronto C08

$879,000
510 King Street E 330

$879,000

New
22d
Condo ApartmentApartment

510 King Street E 330, Toronto C08

Total Monthly Obligation $4,893

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
22d
Score
16
Yield
4.5%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-C13852500
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,729.13 (2026)
Maintenance-$836.33/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Welcome to the Corktown District Lofts - Suite 330. Most Toronto lofts are just condos that look like the developer forgot to finish them. Eight foot ceilings and one exposed pipe over the kitchen. This is the antidote to that. Ten foot ceilings. Polished concrete floors. Painted exposed brick. Real industrial ductwork. And a full wall of south facing glass that keeps the place bright all day. The kitchen has been completely redone with white flat panel cabinetry, quartz counters, stainless steel appliances and a proper island with seating for three. It opens into a living and dining room that runs almost 25 feet end to end, so you can have that dream sectional, a real dining table for entertaining and still have room left over. This is a condo you can actually furnish like a home. The bedrooms are on opposite sides of the suite, which gives both of them privacy, and each comes with custom closet organizers. Both bathrooms have also been fully redone, including a warm walnut vanity and brass fixtures in the ensuite and a walk in shower in the second bath. There is a separate den off the entry that works as an actual home office, not a desk wedged beside the kitchen. Then there is the terrace. It is covered, private enough to actually use, and absolutely massive, commanding a view over everything Corktown has to offer. Large enough for a sofa, lounge chairs and a BBQ without having to move everything around every time you step outside. Parking and a locker are both owned. This is one of the best run buildings in Corktown, with 24 hour concierge, a gym, party room and a massive rooftop deck with CN Tower views. And the location is amazing. The Distillery District, Corktown Common, the Don Trail and Leslieville are all right there, with two streetcar lines outside and the DVP a two minute drive away. This is the loft for people who don't do compromises.

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

Closing Costs

Mortgage Amount
$703,200
Land Transfer Taxes$14,055
Legal Fees (Est.)
$
Total cash required for closing$191,355

Total Monthly Obligation

$4,893/mo
Mortgage $3,546
Monthly Loss $3,960
Principal$933
Interest$2,613
Property Tax$311
Condo Fees$836
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.2%15
10-Year IRR
7.8%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,828/yr
NOI
$19,680/yr
Net Cash Flow
-$1,906/mo
Cash Margin
-57.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.7/ 100

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

Comparables

Properties near 510 King Street E 330

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