705 King Street W 409, Toronto C01

$318,000
705 King Street W 409

$318,000

New
9d
Condo ApartmentApartment

705 King Street W 409, Toronto C01

Total Monthly Obligation $1,947

Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
9d
Score
25
Yield
7.2%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.4%
10Y IRR
16.1%
Property Type-Condo Apartment
MLS® Number-C14033180
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,826 (2026)
Maintenance-$312.47/mo
Locker-None
Parking-None
Basement-None
Heating-Heat Pump (Other)
Brokerage-CENTURY 21 KING`S QUAY REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immed/TBA
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Location, Location, Location! Lower purchasing price, save money to renovate your own condo. There's the amenities; indoor and outdoor pools, gym, squash courts, sauna, party room, visitor parking, 24-hour concierge the list goes on. Its less condo, more urban resort. You're in the heart of King West with the streetcar at your door and everything from groceries to green juice to your go-to espresso within walking distance. All convenient location with all the amenities You Need Nearby!

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

Closing Costs

Mortgage Amount
$254,400
Land Transfer Taxes$3,245
Legal Fees (Est.)
$
Total cash required for closing$68,345

Total Monthly Obligation

$1,947/mo
Mortgage $1,283
Monthly Loss $1,610
Principal$338
Interest$945
Property Tax$152
Condo Fees$312
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.7%55
10-Year IRR
12.9%
Returns Index
28.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$22,980/yr
NOI
$12,706/yr
Net Cash Flow
-$224/mo
Cash Margin
-11.7%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.8315
LTV Ratio
80.0%18
Vacancy Buffer
4.9 mo82
Risk Index
38.6/ 100

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

Comparables

Properties near 705 King Street W 409

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.