111 Elizabeth Street 922, Toronto C01

$598,000
111 Elizabeth Street 922

$598,000

New
22d
Condo ApartmentApartment

111 Elizabeth Street 922, Toronto C01

Total Monthly Obligation $3,462

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
22d
Score
16
Yield
4.6%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-C13851942
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,915.78 (2026)
Maintenance-$606.53/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Other
Possession-Tba
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

Are you tired of cookie cutter condos that all look the same? Then you'll love this one-of-a-kind and fully renovated suite in an unbeatable location right in the heart of downtown, just steps to the Eaton Centre, Sankofa Square, the PATH, TTC/subway, shopping, dining, TMU, George Brown, theatres, nightlife, and all amenities! The bright, nearly 600 sq. ft. layout boasts wall-to-wall floor-to-ceiling windows, a custom kitchen with full-size stainless steel appliances (no weird dishwasher drawer), wide-plank flooring, and two walk-outs to a sprawling balcony offering intimate sunset views. Bedroom fits a queen-size bed and features a spa-like ensuite and double closets. Upgraded from top-to-bottom with designer features and finishes. Separate laundry room comes with a top-of-the-line front-loading Miele washer & dryer (no all-in-one unit that takes all day to dry), and built-in pantry. Includes underground parking and a rare oversized storage locker (1 of only 3 in a private locker room). One City Hall Place is a well-managed building tucked away on a quiet street with fantastic amenities like an indoor pool w/ hot tub & sauna, rooftop deck w/ BBQs & incredible views of downtown, fitness centre, cardio room, 2-storey party room/kitchen/lounge, board room, guest suites, 24-hour concierge, and free visitor parking. This is a condo that truly checks all of the boxes. Book your showing today!

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

Closing Costs

Mortgage Amount
$478,400
Land Transfer Taxes$8,435
Legal Fees (Est.)
$
Total cash required for closing$129,535

Total Monthly Obligation

$3,462/mo
Mortgage $2,412
Monthly Loss $2,827
Principal$635
Interest$1,777
Property Tax$243
Condo Fees$607
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.4%12
10-Year IRR
7.2%
Returns Index
7.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$27,300/yr
NOI
$11,976/yr
Net Cash Flow
-$1,414/mo
Cash Margin
-62.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.5/ 100

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

Comparables

Properties near 111 Elizabeth Street 922

Time

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