580 Kingston Road PH1, Toronto E02

$898,000
580 Kingston Road PH1

$898,000

New
3d
Condo ApartmentApartment

580 Kingston Road PH1, Toronto E02

Total Monthly Obligation $5,157

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
3d
Score
15
Yield
4.3%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.1%
Property Type-Condo Apartment
MLS® Number-E14097674
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,596 (2026)
Maintenance-$951.45/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-The Beaches
Title-Residential Condo & Other

No agent assigned

WELCOME TO PENTHOUSE 1! EXCEPTIONAL PENTHOUSE LIVING WITH PANORAMIC CITY, LAKE & RAVINE VIEWS! This stunning corner suite in the heart of The Beaches is wrapped in floor-to-ceiling windows, showcasing spectacular west-facing skyline views including the CN Tower, southwest lake views and serene north-facing ravine vistas. Offering just over 1,000 sq. ft. of total space, this meticulously maintained residence has been thoughtfully upgraded throughout. Soaring 10-ft ceilings and abundant natural light create an impressive sense of space throughout. Step outside to the 128 sq. ft. private terrace, perfect for sunset evenings, entertaining and front-row views of the fireworks, complete with a gas BBQ hookup. Beautifully upgraded with engineered white oak flooring, a striking two-sided gas fireplace, custom closets and pot lights throughout. The chef-inspired kitchen features a generous island and natural stone counters, flowing seamlessly into the open-concept living and dining areas. Set within an intimate boutique building in a vibrant, walkable neighbourhood, with shops, cafes, parks and transit at your doorstep. Whether you're looking for more space without the maintenance of a house or ready to embrace the ease of elevated condo living, Penthouse 1 offers an exceptional combination of space, light, views and lifestyle.

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

Closing Costs

Mortgage Amount
$718,400
Land Transfer Taxes$14,435
Legal Fees (Est.)
$
Total cash required for closing$195,535

Total Monthly Obligation

$5,157/mo
Mortgage $3,622
Monthly Loss $4,204
Principal$953
Interest$2,669
Property Tax$383
Condo Fees$951
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.7%10
10-Year IRR
6.6%
Returns Index
6.3/ 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
$38,400/yr
NOI
$16,147/yr
Net Cash Flow
-$2,277/mo
Cash Margin
-71.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.7/ 100

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

Comparables

Properties near 580 Kingston Road PH1

Time

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Data last updated within the past 24 hours.