320 Richmond Street E 905, Toronto C08

$539,000
320 Richmond Street E 905

$539,000

New
9d
Condo ApartmentApartment

320 Richmond Street E 905, Toronto C08

Total Monthly Obligation $3,281

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
9d
Score
19
Yield
6.2%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-C14032696
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,956.02 (2026)
Maintenance-$660.12/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/45/60/TBA
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Bright, stylish and perfectly positioned for city living! With Soaring 10ft ceilings, this spacious 1+1 bedroom, 2-bath suite at The Modern offers 705 sq. ft. of thoughtfully designed living space. Floor-to-ceiling windows frame west-facing City views and fill the open-concept layout with incredible natural light from afternoon through sunset. New flooring & freshly painted throughout adds to the contemporary feel. The generous bedroom is a true retreat, with an abundance of closet space and a private 3-piece ensuite featuring a walk-in shower. The versatile den is ideal for a home office, creative space or guest area- a full 4-piece main bath makes hosting easy. Underground parking and a locker are included, giving you all the essentials for easy downtown living. Then there's the lifestyle. Enjoy an impressive range of amenities, including a rooftop oasis with outdoor pool, hot and cold plunge pools, cabanas, BBQ stations and panoramic skyline views. Stay active in the fully equipped gym and yoga/Pilates studio, or unwind in the sauna and steam rooms. A stylish party room, 24-hour concierge, guest suites, visitor parking and even a pet spa add everyday convenience. The best of downtown is right outside your door. St. Lawrence Market, the Distillery District, restaurants, cafes and nightlife are all within easy reach, with convenient access to the King and Queen streetcars, Financial District, DVP and the Gardiner too.

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

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,281/mo
Mortgage $2,174
Monthly Loss $2,709
Principal$572
Interest$1,602
Property Tax$246
Condo Fees$660
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.5%32
10-Year IRR
10.4%
Returns Index
17.1/ 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
$33,420/yr
NOI
$16,801/yr
Net Cash Flow
-$774/mo
Cash Margin
-27.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.0/ 100

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

Comparables

Properties near 320 Richmond Street E 905

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.