89 Mcgill Street 1204, Toronto C08

$499,000
89 Mcgill Street 1204

$499,000

New
18d
Condo ApartmentApartment

89 Mcgill Street 1204, Toronto C08

Total Monthly Obligation $2,948

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
18d
Score
19
Yield
5.6%
Cash on Cash
-4.8%
Cap Rate
3.5%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Condo Apartment
MLS® Number-C13860464
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,478.41 (2026)
Maintenance-$528.32/mo
Locker-None
Parking-Underground
Basement-None
Heating-Other (Other)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60/90 Days/TBA
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Beautifully Maintained Bright Open Concept One Bedroom + Den Suite, Features High Ceilings, Floor to Ceiling Windows, Modern Kitchen with Breakfast Bar, Built-In Appliances, Granite Countertops, Ensuite Laundry, Spacious Den, Clear Views from North Facing Balcony and more Quality Finishes. Building amenities include 24Hour Concierge, Security System, Outdoor Pool, Outdoor BBQ Entertaining Area. Roof-Top Terrance, Screening Room, Party-Room, Dining Room, Hot Tub, Sauna, Gym, Pet Wash, Bicycle Storage Rooms, Visitor Parking and more. Steps to it all, Financial District, Shopping, Schools, Universities, Public Transit, Hospitals, Entertainment to name a few. Walk Score 100. Vibrant Downtown Neighbourhood to Call Your Home.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,948/mo
Mortgage $2,013
Monthly Loss $2,418
Principal$530
Interest$1,483
Property Tax$207
Condo Fees$528
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.6/ 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
$27,972/yr
NOI
$13,957/yr
Net Cash Flow
-$850/mo
Cash Margin
-36.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
26.6/ 100

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

Comparables

Properties near 89 Mcgill Street 1204

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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Data last updated within the past 24 hours.