2 Augusta Avenue 704, Toronto C01

$479,900
2 Augusta Avenue 704

$479,900

New
18d
Condo ApartmentApartment

2 Augusta Avenue 704, Toronto C01

Total Monthly Obligation $2,794

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
18d
Score
20
Yield
5.7%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-C13861994
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,500 (2026)
Maintenance-$450/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Experience stylish downtown living in this like-new 1-bedroom condo at 2 Augusta Ave. Designed with a modern urban aesthetic, this bright east-facing suite features soaring 9-foot concrete ceilings, floor-to-ceiling windows that flood the space with natural morning light, and a charming Juliette balcony that brings the outdoors in. The thoughtfully designed layout offers a sleek, contemporary feel with clean lines and an airy atmosphere-perfect for professionals, first-time buyers, or investors seeking a turnkey home in one of Toronto's most vibrant neighbourhoods. Step outside and discover the city's best at your doorstep. Walk to Kensington Market, Queen West, Chinatown, and the Entertainment District, with countless cafes, restaurants, boutiques, galleries, parks, and transit options just minutes away. Whether you're grabbing your morning coffee, meeting friends for dinner, or exploring Toronto's most iconic neighbourhoods, everything you love about city living is within easy reach. A rare opportunity to own a sophisticated urban retreat in an unbeatable downtown location.

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

Closing Costs

Mortgage Amount
$383,920
Land Transfer Taxes$6,073
Legal Fees (Est.)
$
Total cash required for closing$103,553

Total Monthly Obligation

$2,794/mo
Mortgage $1,936
Monthly Loss $2,285
Principal$509
Interest$1,426
Property Tax$208
Condo Fees$450
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.1%30
10-Year IRR
10.0%
Returns Index
16.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,588/yr
NOI
$14,529/yr
Net Cash Flow
-$725/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
28.2/ 100

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

Comparables

Properties near 2 Augusta Avenue 704

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.