60 Princess Street 1018 SE, Toronto C08

$598,888
60 Princess Street 1018 SE

$598,888

New
17d
Condo ApartmentApartment

60 Princess Street 1018 SE, Toronto C08

Total Monthly Obligation $3,535

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
17d
Score
17
Yield
5.1%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-C13867556
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$3,514.28 (2026)
Maintenance-$626/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 INNOVATIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-89 days
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome to Time & Space by Pemberton, ideally located at Front St E & Sherbourne in the heart of downtown Toronto! This bright and functional 1+Den, 2 full bathrooms offers a highly versatile layout with east exposure and a a double private balcony with a water view. The enclosed den features a door and can comfortably function as a second bedroom, home office or nursery - a major advantage for end-users and investors alike. Includes parking and locker.Enjoy 9' smooth ceilings, wide-plank premium laminate flooring, stainless steel appliances, stacked washer/dryer and internet included. Exceptional building amenities include an infinity-edge pool, rooftop cabanas, BBQ areas, gym, yoga studio, games room, party room, theater and more. Steps to the Distillery District, St. Lawrence Market, TTC, waterfront, restaurants, shopping and everything downtown Toronto has to offer. A fantastic opportunity to enjoy a true 2-bedroom-style layout without the 2-bedroom price tag! parking spot very close to the elevator for easy access!

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

Closing Costs

Mortgage Amount
$479,110
Land Transfer Taxes$8,453
Legal Fees (Est.)
$
Total cash required for closing$129,731

Total Monthly Obligation

$3,535/mo
Mortgage $2,416
Monthly Loss $2,899
Principal$636
Interest$1,780
Property Tax$293
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%17
10-Year IRR
8.2%
Returns Index
9.9/ 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
$30,696/yr
NOI
$14,200/yr
Net Cash Flow
-$1,232/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.5/ 100

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

Comparables

Properties near 60 Princess Street 1018 SE

Time

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Data last updated within the past 24 hours.