85 Queens Wharf Road 3208, Toronto C01

$370,000
85 Queens Wharf Road 3208

$370,000

New
18d
Condo ApartmentApartment

85 Queens Wharf Road 3208, Toronto C01

Total Monthly Obligation $2,240

HausQ Valuation Report
Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
18d
Score
21
Yield
6.2%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.1%
Property Type-Condo Apartment
MLS® Number-C13861220
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,025.7 (2026)
Maintenance-$378.86/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete Block
Possession-ASAP
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Opportunity is knocking! Are you tired of paying for someone else's mortgage? This is your opportunity to build your new/existing real estate portfolio. Here we have a 438 sqft Studio Unit in the Spectra Condo By Concord Adex. Located in the heart of Downtown Toronto! Close To TTC, Steps From Major Banks (TD), Restaurants, Grocery (Loblaws, Starbucks) retail Stores, Library, Parks, the lake, & much more! This unit is functional and versatile with the space organizer. Enjoy the great views from the Juliet balcony including the CN Tower, green space, city skylines. The Building is equipped with multi Floors Of amazing Amenities. to name a few: indoor Pool, Hot Tub, Gym, Indoor Basketball Court, massage room, movie room. Rooftop Bbq, 24/7 Concierge & Security With Ample Visitor Parking. Do not Miss Out On This Great Unit, what are you waiting for? Do not wait to buy real estate, buy real estate and wait!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$296,000
Land Transfer Taxes$4,025
Legal Fees (Est.)
$
Total cash required for closing$79,525

Total Monthly Obligation

$2,240/mo
Mortgage $1,492
Monthly Loss $1,847
Principal$393
Interest$1,100
Property Tax$169
Condo Fees$379
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%19
Cash-on-Cash
-7.8%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$22,956/yr
NOI
$11,688/yr
Net Cash Flow
-$518/mo
Cash Margin
-27.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
33.4/ 100

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

Comparables

Properties near 85 Queens Wharf Road 3208

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.

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

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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.