318 King Street E 1313, Toronto C08

$739,000
318 King Street E 1313

$739,000

New
17d
Condo ApartmentApartment

318 King Street E 1313, Toronto C08

Total Monthly Obligation $4,218

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
17d
Score
15
Yield
4.3%
Cash on Cash
-10.3%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.3%
Property Type-Condo Apartment
MLS® Number-C13869040
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,790.52 (2026)
Maintenance-$720.97/mo
Locker-Owned
Parking-1 - Underground
Basement-Apartment
Heating-Heat Pump (Gas)
Brokerage-BEST UNION REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60/90/TBA
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

Welcome to this 1-bedroom + den at The King East that blends authentic loft character with premium modern upgrades. The thoughtfully designed open-concept layout features 787 sq. ft. of living space, with soaring 9' ceilings and floor-to-ceiling windows that fill the home with natural light. The living room extends outdoors to a spacious 122-sq. ft. terrace, perfect for morning coffee, an evening glass of wine or BBQing with your own gas hookup (BBQ and floor tiles included). The upgraded kitchen showcases stainless steel appliances including a gas range and Sub-Zero refrigerator, wood cabinetry, and a center island with ample storage, ideal for entertaining and cooking enthusiasts. The primary bedroom connects directly to an oversized, spa-inspired bathroom with separate deep soaker tub and shower. Custom built-in closets and Somfy motorized blackout blinds are included. The large den offers a versatile, multi-functional space for a home office or entertaining. The unit is impeccably maintained and move-in ready. The parking spot is conveniently located next to the elevator and a storage locker is included. Building amenities include 24hr concierge, bike storage, secure fob elevator access, visitor parking, guest suites, and a party room equipped with a kitchen and an outdoor lounge with dining and BBQ areas. Set in one of Toronto's most charming and walkable neighbourhoods, this unit provides prime King East location steps from the Financial District, Distillery District, St. Lawrence Market, Don River Trails, Toronto waterfront, and much more. Across the street from the streetcar and the future Ontario Line. A unique combination of character, thoughtful upgrades, generous living space, and an exceptional King East location - simply move in and enjoy.

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

Mortgage Amount
$591,200
Land Transfer Taxes$11,255
Legal Fees (Est.)
$
Total cash required for closing$160,555

Total Monthly Obligation

$4,218/mo
Mortgage $2,981
Monthly Loss $3,433
Principal$784
Interest$2,196
Property Tax$316
Condo Fees$721
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.8%10
10-Year IRR
6.7%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$31,500/yr
NOI
$13,508/yr
Net Cash Flow
-$1,855/mo
Cash Margin
-70.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.2/ 100

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

Comparables

Properties near 318 King Street E 1313

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