230 Simcoe Street 1235, Toronto C01

$465,000
230 Simcoe Street 1235

$465,000

New
2d
Condo ApartmentApartment

230 Simcoe Street 1235, Toronto C01

Total Monthly Obligation $2,480

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
2d
Score
22
Yield
5.6%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-C14104768
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1 (2026)
Maintenance-$404.08/mo
Locker-None
Parking-None
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-flex
Neighbourhood-Kensington-Chinatown
Title-Residential Condo & Other

No agent assigned

Welcome to this stylish one-bedroom suite at Artist Alley, offering thoughtfully designed living space in the heart of downtown Toronto. The open-concept layout features a combined living and dining area that flows seamlessly into a sleek modern kitchen with premium appliances, complemented by elegant laminate flooring throughout. Enjoy exceptional building amenities, including a fully equipped fitness centre and beautifully designed common areas.Ideally located steps to TTC, dining, entertainment, shopping, museums, universities, and major hospitals, with OCAD University across the street. Experience the convenience and comfort of downtown living. Photos have been AI-enhanced. The unit is currently leased at $2,200/monthuntil August 31, 2027. Rent has been prepaid, and the portion attributable to the period afterclosing will be credited to the buyer on closing.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$372,000
Land Transfer Taxes$5,775
Legal Fees (Est.)
$
Total cash required for closing$100,275

Total Monthly Obligation

$2,480/mo
Mortgage $1,876
Monthly Loss $1,986
Principal$494
Interest$1,382
Property Tax$0
Condo Fees$404
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.3%
Returns Index
21.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$26,256/yr
NOI
$16,380/yr
Net Cash Flow
-$511/mo
Cash Margin
-23.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.9/ 100

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

Comparables

Properties near 230 Simcoe Street 1235

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.