297 College Street 705, Toronto C01

$498,000
297 College Street 705

$498,000

New
16d
Condo ApartmentMulti-Level

297 College Street 705, Toronto C01

Total Monthly Obligation $2,858

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
16d
Score
19
Yield
5.3%
Cash on Cash
-5.3%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-C13873130
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 7, 2026
Style-Multi-Level
Building Type-Condo Apartment
Taxes-$2,616.53 (2026)
Maintenance-$430.8/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Kensington-Chinatown
Title-Residential Condo & Other

No agent assigned

Welcome to The College, a boutique condominium by Tribute Communities, ideally situated in the heart of Toronto's vibrant Kensington Market. This spacious one-bedroom residence offers a thoughtfully designed open-concept layout featuring 10-foot ceilings, laminate flooring, built-in appliances, and floor-to-ceiling windows that fill the suite with abundant natural light. The generous private balcony provides a peaceful outdoor retreat with a beautiful view overlooking the University of Toronto - St. George Campus. Residents enjoy an impressive selection of amenities, including 24-hour concierge and security, a fully equipped fitness centre, rooftop terrace with BBQs, theatre room, billiards room, party room, and guest suites. With T&T Supermarket conveniently connected to the building, everyday shopping and essentials are just steps from your door. Perfectly positioned for convenience and lifestyle, the residence is within easy reach of the University of Toronto, OCAD University, Central Technical School, Chinatown, Little Italy, hospitals, parks, and Queen's Park subway station. Experience contemporary downtown living in one of Toronto's most vibrant and connected neighbourhoods. A fantastic opportunity for first-time buyers, professionals, students, or investors looking for a well-located residence in the heart of the city.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$398,400
Land Transfer Taxes$6,435
Legal Fees (Est.)
$
Total cash required for closing$107,535

Total Monthly Obligation

$2,858/mo
Mortgage $2,009
Monthly Loss $2,329
Principal$529
Interest$1,480
Property Tax$218
Condo Fees$431
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 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
$26,376/yr
NOI
$13,552/yr
Net Cash Flow
-$879/mo
Cash Margin
-40.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
27.2/ 100

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

Comparables

Properties near 297 College Street 705

Time

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Data last updated within the past 24 hours.