1630 Queen Street E 605, Toronto E02

$899,000
1630 Queen Street E 605

$899,000

New
7d
Condo ApartmentApartment

1630 Queen Street E 605, Toronto E02

Total Monthly Obligation $5,435

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
7d
Score
15
Yield
4.8%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-E14088152
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$6,178.27 (2026)
Maintenance-$1,094.09/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-REAL ESTATE HOMEWARD
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30/60/90 days
Neighbourhood-The Beaches
Title-Residential Condo & Other

No agent assigned

Spacious southwest-facing 2-bedroom plus den, 2-bathroom suite at WestBeach Condominiums. Interior 1,029 sq. ft. per seller-supplied builder floor plan, with approximately 400 sq. ft. of outdoor balcony/terrace space per seller. Upgrades include a larger kitchen island, upgraded refrigerator and dishwasher, washer and dryer purchased in 2023, redesigned closets and additional electrical outlets. One owned parking space and a locker included. Visitor parking available. All appliances, existing light fixtures and window coverings included. Flexible possession.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$5,435/mo
Mortgage $3,626
Monthly Loss $4,481
Principal$954
Interest$2,672
Property Tax$515
Condo Fees$1,094
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.2%12
10-Year IRR
7.1%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$43,452/yr
NOI
$17,399/yr
Net Cash Flow
-$2,176/mo
Cash Margin
-60.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.3/ 100

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

Comparables

Properties near 1630 Queen Street E 605

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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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.