88 Queen Street E 2701, Toronto C08

$549,000
88 Queen Street E 2701

$549,000

New
1d
Condo Apartment1 Storey/Apt

88 Queen Street E 2701, Toronto C08

Total Monthly Obligation $2,945

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
1d
Score
21
Yield
5.5%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C14105254
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 22, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-New
Maintenance-$530.2/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30 days
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to 88 Queen Condos, offering this one-bed + den, 676sf + 99sf balcony, two-bath in this one new unit with practical layout in an exceptional location at Church and Queen in the heart of downtown Toronto. Residents enjoy world-class amenities including an outdoor infinity pool with cabanas, fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga area, jacuzzi tub, fully equipped kitchen and party room, and an outdoor terrace with fireplace and BBQs. Unbeatable convenience with a 7-minute walk to the Financial District, a 3-minute walk to the TTC, and walking distance to Toronto Metropolitan University, George Brown College, University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. Rogers high-speed internet included. Parking and Locker are available at an additional cost. Property Taxes still to be assessed.

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,945/mo
Mortgage $2,215
Monthly Loss $2,362
Principal$583
Interest$1,632
Condo Fees$530
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
19.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,324/yr
NOI
$18,529/yr
Net Cash Flow
-$670/mo
Cash Margin
-26.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
27.7/ 100

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

Comparables

Properties near 88 Queen Street E 2701

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.