21 Grand Magazine Street LPH2601, Toronto C01

$1,950,000
21 Grand Magazine Street LPH2601

$1,950,000

New
22d
Condo ApartmentApartment

21 Grand Magazine Street LPH2601, Toronto C01

Total Monthly Obligation $10,271

HausQ Valuation Report
Bed+Den
3+1
Baths
3
Park
1
Sqft
1800-1999
DOM
22d
Score
15
Yield
4.4%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-C13851152
Bed+Den-3+1
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$7,209.07 (2025)
Maintenance-$1,604.95/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-Signature Elite Realty Ltd.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible TBD
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Rarely offered 1,888 sq. ft. lower penthouse corner suite in the award-winning West Harbour City II, offering spectacular unobstructed views of Lake Ontario, Toronto Island Airport and the Waterfront! Flooded with natural light through floor to ceiling windows and enhanced by 10 ft ceilings, this exceptional residence features an open concept living space with walkout to a balcony, designed both for everyday living and entertaining. The thoughtfully designed layout offers a split bedroom plan with an expansive primary retreat featuring a private balcony, five piece ensuite and his and hers closets. The second bedroom offers its own ensuite bath, walk in closet and private balcony overlooking the lake. The den, with custom built ins and a two-sided fireplace can easily function as a home office or media room. Residents enjoy 24-hour concierge service, indoor pool, hot tub, sauna, fitness centre, party room, guest suites and more. Ideally located steps to the waterfront, parks, trails, transit and downtown conveniences, this is a rare opportunity to own one of the most desirable suites in Toronto's premier waterfront community!

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

Closing Costs

Mortgage Amount
$1,560,000
Land Transfer Taxes$35,475
Legal Fees (Est.)
$
Total cash required for closing$426,975

Total Monthly Obligation

$10,271/mo
Mortgage $7,866
Monthly Loss $8,202
Principal$2,070
Interest$5,796
Property Tax$601
Condo Fees$1,605
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.1%19
10-Year IRR
8.4%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$86,280/yr
NOI
$48,784/yr
Net Cash Flow
-$3,800/mo
Cash Margin
-52.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
13.1/ 100

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

Comparables

Properties near 21 Grand Magazine Street LPH2601

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.