86 Gerrard Street E 1E, Toronto C08

$399,000
86 Gerrard Street E 1E

$399,000

New
9d
Condo ApartmentLoft

86 Gerrard Street E 1E, Toronto C08

Total Monthly Obligation $3,459

Beds
1
Baths
2
Park
0
Sqft
1000-1199
DOM
9d
Score
18
Yield
9.2%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C14033728
Beds-1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$3,243 (2025)
Maintenance-$1,379.07/mo
Locker-None
Parking-Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Concrete
Possession-immed
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 1E at Gerrard Place, a rare single level loft residence in a boutique building designed by acclaimed architect Barton Myers. Every other suite in the building is two storey; this approx. 1,090 sq. ft. suite is the only one of its kind, with soaring 13' ceilings, 1.5 bathrooms and sun filled south exposure. The open concept living/dining area is anchored by brand new floor to ceiling windows with south facing views. The kitchen features granite countertops, a centre island, and stainless steel appliances. Refinished hardwood flooring and updated lighting throughout. The primary bedroom offers a 3 piece ensuite and a walk in closet. Steps to TMU, U of T, the Eaton Centre, transit, parks, and restaurants. Building amenities include a rooftop deck with BBQs and skyline views, a party/meeting room, and visitor parking. A rare opportunity in the heart of downtown Toronto.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$3,459/mo
Mortgage $1,609
Monthly Loss $3,035
Principal$424
Interest$1,186
Property Tax$270
Condo Fees$1,379
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.6%26
10-Year IRR
10.0%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,720/yr
NOI
$10,856/yr
Net Cash Flow
-$705/mo
Cash Margin
-23.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.2/ 100

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

Comparables

Properties near 86 Gerrard Street E 1E

Time

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Data last updated within the past 24 hours.