608 Richmond Street W PH7, Toronto C01

$699,900
608 Richmond Street W PH7

$699,900

New
18d
Condo ApartmentApartment

608 Richmond Street W PH7, Toronto C01

Total Monthly Obligation $4,111

Bed+Den
2+1
Baths
1
Park
0
Sqft
700-799
DOM
18d
Score
16
Yield
4.8%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.2%
Property Type-Condo Apartment
MLS® Number-C13864462
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,189.52 (2026)
Maintenance-$738.36/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ENGEL & VOLKERS TORONTO CENTRAL
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Distinctive architecture meets refined urban living at Suite LPH7 at The Harlowe. This thoughtfully appointed 741 sq. ft. one-bedroom-plus-den residence pairs loft-inspired character with a well-proportioned, functional layout. Soaring 12-foot exposed concrete ceilings, floor-to-ceiling windows and black-framed industrial detailing create a striking backdrop, complemented by a clean, contemporary palette that reflects the spirit of the surrounding Fashion District.The versatile den comfortably accommodates a dedicated dining area or home office, while the kitchen features white cabinetry, generous storage and an oversized island with a waterfall overhang and breakfast bar seating. Carefully considered upgrades include motorized blinds, marble tilework and electrical rough-ins for enhanced lighting.A generously sized balcony extends the living space outdoors, offering ample room for dining and entertaining. Unobstructed exposure and a gas barbecue hookup make this an inviting setting for quiet mornings or evenings with guests.A boutique Brad J. Lamb building, The Harlowe is distinguished by its red-brick exterior, loft-style architecture and intimate scale. Ideally situated between Bathurst and Portland, the residence places Queen West, King West, Trinity Bellwoods and The Well within easy reach, alongside an exceptional selection of cafés, restaurants, fitness studios, shopping and transit.Includes a storage locker.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$4,111/mo
Mortgage $2,823
Monthly Loss $3,368
Principal$743
Interest$2,080
Property Tax$349
Condo Fees$738
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.9/ 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
$33,372/yr
NOI
$14,585/yr
Net Cash Flow
-$1,608/mo
Cash Margin
-57.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo37
Risk Index
19.7/ 100

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

Comparables

Properties near 608 Richmond Street W PH7

Time

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