323 E Richmond Street 1009, Toronto C08

$749,000
323 E Richmond Street 1009

$749,000

New
29d
Condo ApartmentApartment

323 E Richmond Street 1009, Toronto C08

Total Monthly Obligation $4,343

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
29d
Score
17
Yield
5.1%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-C13826574
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,401 (2025)
Maintenance-$838/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX PRIME PROPERTIES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Block
Possession-Immediate
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Welcome to The Richmond, crafted by one of Toronto's finest builders, Tridel!This stunning 2-bedroom + den, 2-bathroom condo offers close to 900sq. ft. of well-designed living space, with a spacious den that can easily function as a third bedroom, home office, or flex space.Enjoy an inviting walkout balcony, perfect for morning coffee or unwinding after a long day. The unit features stainless steel appliances, including a stove, refrigerator, and dishwasher.Residents can enjoy an impressive selection of amenities, including a rooftop patio/Garden with breathtaking views, indoor basketball court, and much more.Adding exceptional value and convenience, the maintenance fee includes hydro, heat, air conditioning, and water, making everyday living comfortable and worry-free.Ideally located steps from public transit, with easy access to downtown Toronto and the Financial District, this is an excellent opportunity to enjoy convenient urban living in a well-maintained Tridel building.Don't miss this fantastic opportunity at this great value !

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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

$4,343/mo
Mortgage $3,021
Monthly Loss $3,548
Principal$795
Interest$2,226
Property Tax$283
Condo Fees$838
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$38,304/yr
NOI
$18,617/yr
Net Cash Flow
-$1,470/mo
Cash Margin
-46.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.4/ 100

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

Comparables

Properties near 323 E Richmond Street 1009

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.