39 Parliament Street 1102, Toronto C08

$549,990
39 Parliament Street 1102

$549,990

New
9d
Condo ApartmentApartment

39 Parliament Street 1102, Toronto C08

Total Monthly Obligation $3,129

Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
9d
Score
19
Yield
5.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-C14031414
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,363.32 (2026)
Maintenance-$513.82/mo
Locker-Ensuite
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Suite 1102 at Parliament Square is a bright 1-bedroom plus den in the heart of the Distillery District, a rare pocket of downtown Toronto where cobblestone streets, heritage brick, and modern living come together. At approximately 650 sq ft, this 11th-floor unit lives large with an open-concept living and dining area, floor-to-ceiling windows, and clear views of the CN Tower and city skyline. The kitchen features stainless steel appliances and a breakfast bar that works as easily for a quiet morning as it does for hosting friends. The study is a genuinely usable space - the quiet, dedicated spot for working from home that so many units this size are missing. The bedroom is a solid size with a large closet, and the southwest-facing balcony is the place to take in the skyline at the end of the day. Step outside and the Distillery District is your backyard - independent restaurants, cafes, art galleries, live theatre, boutique shops, and year-round events like the Christmas Market and Jazz Festival. The waterfront and trails are minutes away, TTC streetcars are at your door, and the Gardiner and DVP are moments away. This is downtown Toronto living with real character.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$439,992
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,973

Total Monthly Obligation

$3,129/mo
Mortgage $2,219
Monthly Loss $2,545
Principal$584
Interest$1,635
Property Tax$197
Condo Fees$514
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.7%
Returns Index
15.0/ 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
$30,132/yr
NOI
$16,190/yr
Net Cash Flow
-$869/mo
Cash Margin
-34.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.6/ 100

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

Comparables

Properties near 39 Parliament Street 1102

Time

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Data last updated within the past 24 hours.