89 McGill Street 1011, Toronto C08

$750,000
89 McGill Street 1011

$750,000

New
9d
Condo ApartmentApartment

89 McGill Street 1011, Toronto C08

Total Monthly Obligation $4,341

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
9d
Score
16
Yield
5.0%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.7%
10Y IRR
10.0%
Property Type-Condo Apartment
MLS® Number-C14034324
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,736.81 (2026)
Maintenance-$804/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Stunning 2+2 Bedroom Corner Suite With Unobstructed Southwest Views In The One, A Sought-After Residence By A Renowned Developer. This bright and spacious suite features an open-concept layout with an efficient galley-style kitchen showcasing built-in stainless steel appliances, stone countertops and a stylish subway-tile backsplash. Enjoy exceptional natural light and spectacular southwest-facing views from the spacious private balcony. The generous primary bedroom features a 4-piece ensuite, while the additional bedrooms provide versatile space for guests, a home office or flexible living needs. Thoughtfully designed throughout with ample closet space and window coverings. Unbeatable downtown location, just steps from Toronto Metropolitan University (formerly Ryerson University), Loblaws, TTC routes and College Subway Station, with easy access to Allan Gardens, Riverdale Farm, Eaton Centre, shopping, dining and countless city amenities. Residents enjoy an impressive collection of amenities including a fully equipped gym, yoga studio, indoor hot tub, screening room, party rooms, outdoor pool and beautifully appointed outdoor lounges.

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

Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$4,341/mo
Mortgage $3,025
Monthly Loss $3,545
Principal$796
Interest$2,229
Property Tax$311
Condo Fees$804
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%17
10-Year IRR
8.2%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,356/yr
NOI
$17,836/yr
Net Cash Flow
-$1,539/mo
Cash Margin
-49.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.3/ 100

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

Comparables

Properties near 89 McGill Street 1011

Time

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