28 Eastern Avenue 521, Toronto C08

$644,000
28 Eastern Avenue 521

$644,000

New
29d
Condo ApartmentApartment

28 Eastern Avenue 521, Toronto C08

Total Monthly Obligation $3,262

HausQ Valuation Report
Beds
2
Baths
2
Park
0
Sqft
600-699
DOM
29d
Score
19
Yield
4.8%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-C13824144
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$464.49/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAKER REAL ESTATE INCORPORATED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-Immediate/Tba
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Urban living at 28 Eastern, located in Corktown's newest 12-storey boutique building. This brand new, never lived in 2 bed, 2 bath suite is ideal for home owners looking to either downsize or upsize - offering the perfect balance of style, comfort, and convenience. This suite provides an efficient layout that balances comfort, functionality, and modern urban living. The spacious living and dining area flows into a sleek kitchen with integrated appliances and ample storage, while large south-facing windows flood the space with natural light. With a Walk Score of 95 and Transit & Bike Scores of 100, you're moments from the Distillery District, St. Lawrence Market, Canary District, the Waterfront, George Brown College, parks, shops, dining, and entertainment. Commuting is seamless with quick access to the Gardiner Expressway, DVP, TTC, and the upcoming Corktown Subway Station - ideal for both professionals and urban explorers. Parking and locker available for purchase.

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

Closing Costs

Mortgage Amount
$515,200
Land Transfer Taxes$9,355
Legal Fees (Est.)
$
Total cash required for closing$139,655

Total Monthly Obligation

$3,262/mo
Mortgage $2,598
Monthly Loss $2,579
Principal$684
Interest$1,914
Condo Fees$464
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,840/yr
NOI
$19,782/yr
Net Cash Flow
-$949/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
25.0/ 100

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

Comparables

Properties near 28 Eastern Avenue 521

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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Data last updated within the past 24 hours.