55 Centre Avenue 2307, Toronto C01

$499,900
55 Centre Avenue 2307

$499,900

New
20d
Condo ApartmentMulti-Level

55 Centre Avenue 2307, Toronto C01

Total Monthly Obligation $3,427

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
20d
Score
16
Yield
5.6%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-C13859328
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 3, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$2,576.21 (2026)
Maintenance-$995.64/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-Royal Heritage Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Nov 20, 2026
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

Prime Location in the Heart of the City! Spacious 1-bedroom condo featuring a bright, open-concept layout, walk-in storage closet, mirrored bedroom closet doors, and a 4-piece washroom. Most of the flooring, as well as the kitchen and washroom, have been upgraded within the last 5 years. Fan coil units have been replaced. Includes a common area, community room, outdoor community space, and an owned parking spot. Owner pays hydro (hydro is not included). Central air included. All rooms are irregularly shaped. Pets permitted. Close to all amenities and just minutes from U of T, Metropolitan University, and George Brown College. Steps to TTC subway, buses, and streetcars. Walking distance to City Hall, Eaton Centre, hospitals, parks, and the library, with easy access to Toronto's commercial and financial districts.

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,427/mo
Mortgage $2,016
Monthly Loss $2,896
Principal$531
Interest$1,486
Property Tax$215
Condo Fees$996
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.8%0
5-Year IRR
4.4%9
10-Year IRR
6.6%
Returns Index
5.8/ 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
$27,972/yr
NOI
$8,251/yr
Net Cash Flow
-$1,329/mo
Cash Margin
-57.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.343
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.4/ 100

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

Comparables

Properties near 55 Centre Avenue 2307

Time

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Data last updated within the past 24 hours.