2221 Yonge Street 506, Toronto C10

$448,000
2221 Yonge Street 506

$448,000

New
16d
Condo ApartmentApartment

2221 Yonge Street 506, Toronto C10

Total Monthly Obligation $2,798

Beds
1
Baths
1
Park
1
Sqft
0-499
DOM
16d
Score
17
Yield
5.2%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-C13874082
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,700.94 (2026)
Maintenance-$565.91/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX CONDOS PLUS CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

*** ONE PARKING INCLUDED ***Welcome to this beautifully designed one-bedroom suite at 2221 Yonge. Enjoy a warm and inviting atmosphere with a peaceful south-facing open garden view. Natural sunlight fills the suite throughout the day, creating a bright, cozy, and comfortable space that truly feels like home.This bright and spacious suite features floor-to-ceiling windows, 9-foot ceilings, and a generous 159 sq. ft. balcony, offering approximately 645 sq. ft. of total indoor and outdoor living space. The balcony is perfect for relaxing, enjoying the garden view, or entertaining.The open-concept interior showcases a modern oversized kitchen with stone countertops, stainless steel range hood, integrated appliances, breakfast bar, and sleek laminate flooring throughout.Residents enjoy exceptional amenities including Serena Spa, valet parking, a rooftop terrace with BBQ and lounge areas, fitness club with yoga studio, hot pool, massage pool, and warm pool, offering a truly elevated urban lifestyle.Ideally situated in the heart of Toronto's highly sought-after Yonge-Eglinton neighbourhood, surrounded by top-rated schools, trendy restaurants, boutique shopping, entertainment, and convenient access to the TTC subway and Eglinton Crosstown LRT.Just steps from Eglinton Station, the LRT, Eglinton Centre, and everything this dynamic Midtown hub has to offer. Enjoy a quick commute downtown and a vibrant, connected lifestyle.Move-in ready!

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

Closing Costs

Mortgage Amount
$358,400
Land Transfer Taxes$5,435
Legal Fees (Est.)
$
Total cash required for closing$96,535

Total Monthly Obligation

$2,798/mo
Mortgage $1,807
Monthly Loss $2,323
Principal$476
Interest$1,332
Property Tax$225
Condo Fees$566
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$23,376/yr
NOI
$9,147/yr
Net Cash Flow
-$1,045/mo
Cash Margin
-53.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
26.9/ 100

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

Comparables

Properties near 2221 Yonge Street 506

Time

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