28 Eastern Avenue 503, Toronto C08

$604,000
28 Eastern Avenue 503

$604,000

New
21d
Condo ApartmentApartment

28 Eastern Avenue 503, Toronto C08

Total Monthly Obligation $3,102

Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
21d
Score
19
Yield
4.9%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-C13857038
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$465.21/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAKER REAL ESTATE INCORPORATED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate/Tba
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Modern and thoughtfully designed, this suite offers a functional open-concept layout with stylish contemporary finishes throughout. The spacious living and dining area flows into a sleek kitchen with integrated appliances and ample storage, while large windows fill the space with natural light. A separate den provides flexible use as a home office, reading nook, or guest space. The well-sized bedroom offers excellent closet storage, and the suite is complete with two full bathrooms and convenient in-suite laundry. An efficient layout that balances comfort, functionality, and modern urban living. With a Walk Score of 95 and Transit & Bike Scores of 100, you're moments from the Distillery District, St. Lawrence Market, Canary District, the Waterfront, George Brown College, parks, shops, dining, and entertainment. Commuting is seamless with quick access to the Gardiner Expressway, DVP, TTC, and the upcoming Corktown Subway Station - ideal for both professionals and urban explorers.Locker available for purchase.

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

Closing Costs

Mortgage Amount
$483,200
Land Transfer Taxes$8,555
Legal Fees (Est.)
$
Total cash required for closing$130,855

Total Monthly Obligation

$3,102/mo
Mortgage $2,436
Monthly Loss $2,460
Principal$641
Interest$1,795
Condo Fees$465
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.9%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$29,328/yr
NOI
$18,413/yr
Net Cash Flow
-$902/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.0/ 100

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

Comparables

Properties near 28 Eastern Avenue 503

Time

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Data last updated within the past 24 hours.