116 George Street N505, Toronto C08

$749,000
116 George Street N505

$749,000

New
30d
Condo ApartmentApartment

116 George Street N505, Toronto C08

Total Monthly Obligation $4,278

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
30d
Score
16
Yield
4.7%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-C13817354
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,529.63 (2026)
Maintenance-$762.64/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick Front
Possession-30/60
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Welcome to this beautifully updated 2-bedroom suite at the award-winning Vu Condominiums, offering modern comfort and an unbeatable downtown Toronto location. Bright and spacious, this inviting home features 10-foot ceilings, large windows, and a private walk-out balcony. Extensively renovated in 2022, the suite features a stylishly updated kitchen, new flooring, smooth ceilings with the popcorn removed, and refreshed bathroom finishes, including new floor and bathtub surround tiles. Custom-built closets throughout provide exceptional storage and organization. A standout feature is the larger-than-standard parking space, complete with a private EV charger dedicated exclusively to the space-a rare and valuable convenience for electric vehicle owners. Enjoy an impressive selection of building amenities, including 24-hour concierge service, a fully equipped fitness centre, and a rooftop terrace with BBQs and comfortable lounge areas. Perfectly positioned just steps from St. Lawrence Market, the Distillery District, George Brown College, TTC, hospitals, parks, restaurants, and the downtown core, with convenient access to major highways. Move-in ready and thoughtfully upgraded, this is downtown living at its finest-combining style, functionality, and an exceptional location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,278/mo
Mortgage $3,021
Monthly Loss $3,483
Principal$795
Interest$2,226
Property Tax$294
Condo Fees$763
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.1%15
10-Year IRR
7.7%
Returns Index
8.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,052/yr
NOI
$16,465/yr
Net Cash Flow
-$1,649/mo
Cash Margin
-56.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.3/ 100

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

Comparables

Properties near 116 George Street N505

Time

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Data last updated within the past 24 hours.