199 Richmond Street W 1708, Toronto C01

$420,000
199 Richmond Street W 1708

$420,000

New
16d
Condo ApartmentApartment

199 Richmond Street W 1708, Toronto C01

Total Monthly Obligation $2,763

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
16d
Score
19
Yield
6.6%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-C13871960
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,946.47 (2026)
Maintenance-$623.52/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Heat Pump (Other)
Brokerage-RE/MAX CROSSROADS REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-60Days/Tba
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Luxury Studio Condo In Trendy Queen West Area! Highly Desirable 1 Bdrm Unit W/Floor To Ceiling Windows! Clear View! 9' Ceiling. Open Concept. Sparkling & Spotless! Nicely Finished! Freshly Painted, Newly Installed Vinyl Floor Through-out! European Style Kitchen With Integrated Miele Built-in Appliances, Quarts Counter-Top. MBr With Large Window, 2 Closets. 4 Pc Semi Ensuite Bath W/Separate Soaker Tub. Excellent Location In The Heart Of Financial/Entertainment Dist. Convenient access to the PATH, Step To Subway. Prime Location Surrounded By Restaurants, Theatres, Shops, Arts Centre.Well Maintained Buildg W/24 Hr Concierge. Super Amenities!

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

Closing Costs

Mortgage Amount
$336,000
Land Transfer Taxes$4,875
Legal Fees (Est.)
$
Total cash required for closing$90,375

Total Monthly Obligation

$2,763/mo
Mortgage $1,694
Monthly Loss $2,317
Principal$446
Interest$1,248
Property Tax$246
Condo Fees$624
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.6%27
10-Year IRR
9.8%
Returns Index
14.4/ 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
$27,552/yr
NOI
$11,968/yr
Net Cash Flow
-$697/mo
Cash Margin
-30.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.1/ 100

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

Comparables

Properties near 199 Richmond Street W 1708

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.