20 Minowan Miikan Lane 628, Toronto C01

$699,900
20 Minowan Miikan Lane 628

$699,900

New
18d
Condo ApartmentApartment

20 Minowan Miikan Lane 628, Toronto C01

Total Monthly Obligation $3,828

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
18d
Score
17
Yield
4.6%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-C13860398
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,850 (2025)
Maintenance-$567.52/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER ESCARPMENT REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Little Portugal
Title-Residential Condo & Other

No agent assigned

Welcome to Minowan Miikan Lane! This highly desirable 2-bedroom suite features 9' exposed concrete ceilings, a thoughtfully designed floorplan with excellent separation between living and sleeping spaces and a spacious open-concept living area framed by floor-to-ceiling windows. The welcoming foyer offers a generous closet and convenient stacked, in-suite laundry. The modern kitchen features integrated European appliances, stone countertops and backsplash, undermount sink, under-cabinet lighting and a dishwasher. The primary bedroom offers direct balcony access, large closet and a private 3-piece ensuite with a walk-in shower. The second bedroom features wall-to-wall closets, ideal for guests or a home office. Enjoy partial city views and step onto the impressive full 20-foot-wide balcony, with ample room for outdoor lounging and dining. A standout bonus is one generously sized parking space, larger than most typical condo spots and comfortably accommodating larger vehicles. Building amenities include a fully equipped gym, yoga room, outdoor terrace with BBQs, stylish party room and 24-hour concierge. With Metro and Starbucks conveniently located in the building, everyday essentials are just steps away. Perfectly situated in the heart of Queen West and Little Portugal, enjoy some of Toronto's best restaurants, cafés, independent shops, and green spaces. Excellent TTC access and convenient connections to downtown and major routes make this an ideal opportunity to own in one of Toronto's most vibrant west-end neighbourhoods. Pay only hydro for utilities!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,828/mo
Mortgage $2,823
Monthly Loss $3,085
Principal$743
Interest$2,080
Property Tax$238
Condo Fees$568
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.7%17
10-Year IRR
8.1%
Returns Index
9.8/ 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
$31,956/yr
NOI
$16,700/yr
Net Cash Flow
-$1,432/mo
Cash Margin
-53.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.2/ 100

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

Comparables

Properties near 20 Minowan Miikan Lane 628

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.