98 Carr Street TH5, Toronto C01

$988,800
98 Carr Street TH5

$988,800

Price Change
28d
Condo TownhouseStacked Townhouse

98 Carr Street TH5, Toronto C01

Total Monthly Obligation $5,673

Bed+Den
4+1
Baths
2
Park
1
Sqft
1400-1599
DOM
28d
Score
19
Yield
6.0%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Townhouse
MLS® Number-C13828700
Bed+Den-4+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 25, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$4,680.6 (2026)
Maintenance-$1,094.68/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-Flexible/TBD
Neighbourhood-Kensington-Chinatown
Title-Residential Condo & Other

No agent assigned

Discover a rare urban sanctuary in the highly sought-after "Gardens on Queen". Pride of Ownership exudes this exceptional townhome offering an impressive 1,416 sq. ft. of thoughtfully designed interior living space, complemented by a spectacular 535 sq. ft. split private rooftop terrace showcasing breathtaking city skyline views and the iconic CN Tower. Whether hosting unforgettable gatherings or enjoying quiet evenings under the stars, this expansive outdoor retreat delivers a truly unmatched downtown lifestyle. Nestled in one of Toronto's most vibrant and connected neighbourhoods, this family yet pet-friendly community places you moments from Queen West, Dundas West, Kensington Market, Chinatown, Ossington, King West, Lakeshore and Trinity Bellwoods Park. Enjoy unrivalled walkability to renowned cafés, galleries, boutique shopping, acclaimed restaurants, and everyday conveniences, all with seamless TTC access. A true home in the heart of the city, featuring a generous primary suite with private ensuite and built-in closet system, a desirable split-bedroom layout, ample storage, two full bathrooms, and a dedicated den ideal for a home office, cozy reading nook, or additional storage. The sun-drenched, open-concept main level boasts smooth high ceilings, a newly renovated kitchen and living area, pot lights, and a private front entrance, creating an inviting space for both everyday living and entertaining. Tucked away within a boutique townhome enclave in the heart of Queen West, this residence offers the perfect balance of tranquility and urban energy. Few townhomes offer this exquisite combination of indoor-outdoor living, scale, style, privacy, and premier downtown convenience -A place to finally call home! This is a unique opportunity to own a distinctive city home in one of Toronto's most coveted neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$791,040
Land Transfer Taxes$16,251
Legal Fees (Est.)
$
Total cash required for closing$215,511

Total Monthly Obligation

$5,673/mo
Mortgage $3,989
Monthly Loss $4,624
Principal$1,050
Interest$2,939
Property Tax$390
Condo Fees$1,095
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
11.0%
Returns Index
20.1/ 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
$59,580/yr
NOI
$33,405/yr
Net Cash Flow
-$1,205/mo
Cash Margin
-24.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
18.0/ 100

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

Comparables

Properties near 98 Carr Street TH5

Time

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