2055 Danforth Avenue 903, Toronto E02

$495,000
2055 Danforth Avenue 903

$495,000

New
24d
Condo ApartmentApartment

2055 Danforth Avenue 903, Toronto E02

Total Monthly Obligation $2,743

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
24d
Score
18
Yield
4.8%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-E13841458
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$1,870.14 (2026)
Maintenance-$390.54/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAM MCDADI REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Woodbine Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and beautifully appointed suite in the heart of the vibrant Danforth! Framed by expansive floor to ceiling windows, this thoughtfully designed open concept residence is filled with natural light, creating an inviting atmosphere that feels both bright and effortlessly refined. The modern single wall kitchen is elegantly finished with stainless steel appliances, quartz countertops, and ample cabinetry, while overlooking the dining area to create a seamless setting for everyday living and intimate entertaining. Just beyond, the inviting living room extends to a charming Juliet balcony, where captivating city views provide the perfect backdrop to savour your morning coffee or unwind as the sun sets over the skyline.The spacious primary bedroom offers a serene retreat, complete with floor-to-ceiling windows and a generous walk-in closet. A stylish 4pc bathroom, convenient ensuite laundry, one underground parking space, and one locker complete this exceptional suite.Residents enjoy an outstanding collection of amenities, including a fully equipped fitness centre, outdoor terrace with BBQ area, party room, concierge, visitor parking, and more. Perfectly positioned just steps from Woodbine Subway Station, you'll find yourself moments from the Danforth's beloved cafes, restaurants, charming boutiques, neighbourhood parks, and everyday conveniences, while Greektown, the Beaches, the Don Valley Parkway, and downtown Toronto are all within easy reach. Experience the best of city living in one of Toronto's most beloved neighbourhoods!

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

Closing Costs

Mortgage Amount
$396,000
Land Transfer Taxes$6,375
Legal Fees (Est.)
$
Total cash required for closing$106,875

Total Monthly Obligation

$2,743/mo
Mortgage $1,997
Monthly Loss $2,218
Principal$525
Interest$1,471
Property Tax$156
Condo Fees$391
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.8/ 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
$23,700/yr
NOI
$12,373/yr
Net Cash Flow
-$966/mo
Cash Margin
-48.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
27.8/ 100

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

Comparables

Properties near 2055 Danforth Avenue 903

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.