2365 Queen Street E 201, Toronto E02

$1,229,900
2365 Queen Street E 201

$1,229,900

New
9d
Condo ApartmentApartment

2365 Queen Street E 201, Toronto E02

Total Monthly Obligation $7,199

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
9d
Score
14
Yield
4.3%
Cash on Cash
-11.3%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Condo Apartment
MLS® Number-E14032098
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,112.79 (2026)
Maintenance-$1,695.1/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-The Beaches
Title-Residential Condo & Other

No agent assigned

Surrounded by the pillars of the Beach like the Goof, The Fox Theatre and Ed's Real Scoop, you would never believe you're at the "quiet" end of Queen Street. Resting peacefully in a boutique 14-suite building, this expansive 1220 sq ft suite offers large living spaces with a wall of cabinetry lining the entire living room and dining room providing overflow storage. Don't miss the gas fireplace that anchors the living room providing warmth after a day at the Beach or a polar plunge. The crown jewel of this suite is the kitchen. Multi-million dollar homes will be jealous of what's on offer here. From the 48" fridge, to the 36" 6-burner gas range, to the built-in coffee maker, to the hidden Wolf warming drawer, and the separate beverage fridge this is a chef's dream! Both bedrooms have large closets and room for king sized beds. Every room has exterior windows providing natural light everywhere. Oversized locker and an underground parking spot are included.

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

Closing Costs

Mortgage Amount
$983,920
Land Transfer Taxes$21,073
Legal Fees (Est.)
$
Total cash required for closing$268,553

Total Monthly Obligation

$7,199/mo
Mortgage $4,961
Monthly Loss $5,893
Principal$1,306
Interest$3,656
Property Tax$343
Condo Fees$1,695
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.3%9
10-Year IRR
6.4%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$53,040/yr
NOI
$20,882/yr
Net Cash Flow
-$3,221/mo
Cash Margin
-72.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
14.0/ 100

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

Comparables

Properties near 2365 Queen Street E 201

Time

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Data last updated within the past 24 hours.