909 Bay Street 2304, Toronto C01

$519,999
909 Bay Street 2304

$519,999

New
27d
Condo Apartment1 Storey/Apt

909 Bay Street 2304, Toronto C01

Total Monthly Obligation $3,001

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
27d
Score
18
Yield
5.3%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-C13832328
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 26, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-16-30
Taxes-$2,413 (2025)
Maintenance-$502.03/mo
Locker-Owned
Parking-1 - Underground
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Poured
Possession-Flexible
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

Beautiful bachelor suite at The Allegro, featuring breathtaking unobstructed city skyline and CN Tower views. This bright, open-concept unit showcases modern neutral décor and abundant natural light throughout. Includes all appliances: fridge, stove, dishwasher, microwave, washer& dryer, plus convenient ensuite laundry. Exceptional downtown location just steps to TTC, shopping, schools, University of Toronto, restaurants, hospitals, and the Entertainment District, with easy highway access. Enjoy the convenient dog park with astro turf located behind the building. Includes 1 parking space and locker.

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

Closing Costs

Mortgage Amount
$415,999
Land Transfer Taxes$6,875
Legal Fees (Est.)
$
Total cash required for closing$112,375

Total Monthly Obligation

$3,001/mo
Mortgage $2,098
Monthly Loss $2,449
Principal$552
Interest$1,546
Property Tax$201
Condo Fees$502
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.8%22
10-Year IRR
9.0%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$27,384/yr
NOI
$13,808/yr
Net Cash Flow
-$947/mo
Cash Margin
-41.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.0/ 100

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

Comparables

Properties near 909 Bay Street 2304

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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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.