39 Parliament Street 716, Toronto C08

$699,000
39 Parliament Street 716

$699,000

New
28d
Condo ApartmentApartment

39 Parliament Street 716, Toronto C08

Total Monthly Obligation $4,054

HausQ Valuation Report
Beds
2
Baths
2
Park
0
Sqft
900-999
DOM
28d
Score
19
Yield
5.9%
Cash on Cash
-3.4%
Cap Rate
3.8%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-C13827974
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,222.71 (2026)
Maintenance-$766.14/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Welcome to Vibrant Distillery District living! This spacious and stylish 2-bedroom, 2 Full-bathroom contemporary condo offers approximately 979 sq.ft. of thoughtfully designed interior living space, plus a 51 sq.ft. private balcony with breathtaking south-facing views of the lake and Toronto skyline. The desirable split-bedroom layout provides excellent privacy and functionality, making it ideal for both comfortable everyday living and entertaining. Large windows fill the suite with abundant natural light, creating a bright, open and inviting atmosphere throughout. Enjoy the ultimate urban lifestyle with trendy restaurants, cafés, bakeries, boutiques and everyday conveniences right outside your door. With easy access to public transit and major roadways, everything Toronto has to offer is just minutes away. A rare opportunity to enjoy spacious condo living in one of Toronto's safest and most sought-after neighbourhoods. Come experience the views, space and lifestyle for yourself!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,054/mo
Mortgage $2,820
Monthly Loss $3,312
Principal$742
Interest$2,078
Property Tax$269
Condo Fees$766
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.7/ 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
$41,148/yr
NOI
$22,217/yr
Net Cash Flow
-$968/mo
Cash Margin
-28.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.5/ 100

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

Comparables

Properties near 39 Parliament Street 716

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.