31 Florence Street 9, Toronto C01

$678,000
31 Florence Street 9

$678,000

New
15d
Condo Townhouse2-Storey

31 Florence Street 9, Toronto C01

Total Monthly Obligation $3,712

Beds
2
Baths
2
Park
0
Sqft
900-999
DOM
15d
Score
19
Yield
5.5%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Townhouse
MLS® Number-C13878500
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,614.04 (2026)
Maintenance-$476.25/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-TBD
Neighbourhood-Little Portugal
Title-Residential Condo & Other

No agent assigned

Discover modern living in this beautifully upgraded 969 sq. ft. Newer built 2-bed, 2-bath home. Step inside and feel the warmth of natural light pouring through floor-to-ceiling windows, highlighting the elegant marble and wood-style flooring/ Your next chapter starts here. This modern, light-filled 2-bed, 2-bath beauty gives you all the space, style, and comfort you've been dreaming of-right in the heart of the trendy Queen Street neighborhood. Walk in and instantly feel the vibe: Enter directly to your unit and step into the Luxurious mix of Marble & elegant Wooden Style Flooring Throughout!! NINE foot high ceilings on main floor!! Floor-to-ceiling windows flooding the space with sunshine!!Open-concept living perfect for hosting or unwinding A sleek, upgraded chef-inspired kitchen with granite counters + a huge island Two balconies! One covered for morning coffees or evening sunsets Elegant marble + wood-style flooring throughout. All of this in a home that's less than 7 years old, with direct entry and extra storage. Steps to transit, shops, restaurants, and everything you love about urban living. This is definitely the kind of place that feels good the moment you walk in.!!!!! Large multifunctional Granite Topped Island with Breakfast Bar and Stainless Steel Appliances. Extra space available in the utility room for storage. This unit will not disappoint!! Offered at a great price! **EXTRAS**Custom Roller blinds & California Shutters. S/S Refrigerator, Oven, Microwave And Dishwasher. Stacked Washer And Dryer. Presently tenanted. Allow 48 hours for showings. Buyer to take over tenants till end of lease contract.

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

Closing Costs

Mortgage Amount
$542,400
Land Transfer Taxes$10,035
Legal Fees (Est.)
$
Total cash required for closing$147,135

Total Monthly Obligation

$3,712/mo
Mortgage $2,735
Monthly Loss $2,993
Principal$720
Interest$2,015
Property Tax$301
Condo Fees$476
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.5/ 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
$36,960/yr
NOI
$21,535/yr
Net Cash Flow
-$940/mo
Cash Margin
-30.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.9/ 100

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

Comparables

Properties near 31 Florence Street 9

Time

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