168 King Street E 1604, Toronto C08

$849,000
168 King Street E 1604

$849,000

New
16d
Condo ApartmentApartment

168 King Street E 1604, Toronto C08

Total Monthly Obligation $4,892

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
16d
Score
14
Yield
3.8%
Cash on Cash
-13.0%
Cap Rate
1.8%
5Y IRR
5.4%
10Y IRR
6.8%
Property Type-Condo Apartment
MLS® Number-C13873794
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,675.42 (2026)
Maintenance-$961.45/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Rarely Offered South-Facing Penthouse | Lake & CN Tower Views | Bespoke Designer Renovation | Private Terrace | Parking + Locker. Suite 1604 at 168 King St E is a distinctive 677 sq. ft. 1+1 bedroom penthouse in the heart of downtown Toronto. South-facing and elevated above the city, it offers sweeping views of the St. Lawrence Market neighbourhood, downtown skyline, CN Tower and Lake Ontario. Thoughtfully redesigned with $175,000+ in custom upgrades, this one-of-a-kind residence combines sophisticated design, exceptional craftsmanship and functionality.The bespoke kitchen features extensive custom millwork, fully integrated Fisher & Paykel refrigerator/freezer, dishwasher and wine fridge, Bosch induction cooktop and convection oven, custom swing-out pantry and abundant storage. Premium honed Dolce Vita stone countertops and backsplash create a striking focal point.Wide-plank white oak flooring, custom lighting and fixtures, pre-set dimmers and hand-crafted Studio La Beaute curtains create a warm, refined atmosphere. The former den was transformed in 2023 into a custom walk-in dressing room with roll-out shelving, illuminated closet rods, custom drawers, built-in mirror and floor-to-ceiling storage. Both bathrooms feature custom millwork, Dolce Vita stonework and integrated storage. The ensuite includes a deep soaker tub with shower and custom swing-out glass door. A custom entrance console conceals a drop-down workspace with integrated electrical outlets.The private terrace features KANDY outdoor flooring installed in 2023, panoramic city and lake views and direct bedroom access through a Phantom-screened sliding door. Additional upgrades include a 2025 paint refresh and new heat pump/air conditioning system installed May 2025. Steps to St. Lawrence Market, Financial District, waterfront, dining and transit. Easy Gardiner/DVP access. 1 parking, 1 locker and 24-hour concierge. Turnkey furnishing package may be available for purchase separately

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,892/mo
Mortgage $3,425
Monthly Loss $3,991
Principal$901
Interest$2,523
Property Tax$306
Condo Fees$961
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.4%0
5-Year IRR
3.0%6
10-Year IRR
5.3%
Returns Index
4.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$31,932/yr
NOI
$11,126/yr
Net Cash Flow
-$2,497/mo
Cash Margin
-93.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.0/ 100

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

Comparables

Properties near 168 King Street E 1604

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.