70 Mill Street 705, Toronto C08

$688,000
70 Mill Street 705

$688,000

New
9d
Condo Apartment1 Storey/Apt

70 Mill Street 705, Toronto C08

Total Monthly Obligation $4,538

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
9d
Score
18
Yield
6.9%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C14030882
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,667.75 (2026)
Maintenance-$1,256.83/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-60
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Rarely available 1,058 square foot corner unit floor plan in the highly sought-after Lindenwood at 70 Mill Street. This exceptionally spacious 2-bedroom, 2-bathroom, split bedroom layout offers maximum privacy, a highly functional layout, and steady natural light from its north and east-facing windows. Perfect for urban professionals, downsizers, or young families wanting true house-sized proportions in the heart of the historic Distillery District. Features a large primary bedroom with an ensuite, a generous second bedroom, and a separate den space equipped with a rare double closet-ideal for a premium home office, guest space, or supplemental storage. Some photos have been virtually staged to showcase the unit's open-concept living and dining area that is tailor-made for entertaining. Includes 1 underground parking space and 1 storage locker. Exceptionally well-managed building with low-overhead amenities and all-inclusive maintenance fees (heat, hydro, and water are all covered!). Steps to the 504 King Streetcar, Corktown Common, St. Lawrence Market, and Toronto's best patio scenes. Just move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$550,400
Land Transfer Taxes$10,235
Legal Fees (Est.)
$
Total cash required for closing$149,335

Total Monthly Obligation

$4,538/mo
Mortgage $2,775
Monthly Loss $3,807
Principal$730
Interest$2,045
Property Tax$306
Condo Fees$1,257
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.5%32
10-Year IRR
10.5%
Returns Index
17.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$47,172/yr
NOI
$21,305/yr
Net Cash Flow
-$1,000/mo
Cash Margin
-25.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.7/ 100

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

Comparables

Properties near 70 Mill Street 705

Time

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