120 Lombard Street 901, Toronto C08

$629,000
120 Lombard Street 901

$629,000

New
9d
Condo ApartmentApartment

120 Lombard Street 901, Toronto C08

Total Monthly Obligation $3,875

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
9d
Score
16
Yield
4.9%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Condo Apartment
MLS® Number-C14031058
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,946.47 (2026)
Maintenance-$892.49/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBD
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

A rare combination of generous proportions, timeless architecture and downtown convenience awaits at The French Quarter, an award-winning boutique residence in the heart of Toronto.Offering 690 sq. ft. of thoughtfully designed interior living space, this spacious one-bedroom suite includes parking, a locker and a sun-filled bedroom with a large walk-in closet. Smooth 9-foot ceilings, crown mouldings, three sets of large French doors with Juliet balconies and newly refinished 3/4-inch white oak hardwood flooring lend the home a warm, refined atmosphere.Abundant natural light, unobstructed views and an airy, open layout give the living and dining areas a remarkable sense of space, creating an inviting setting for everyday living and entertaining. A well-appointed kitchen with upgraded appliances and a full-size smart washer and dryer add modern convenience, while classic architectural details bring understated elegance.Enjoy intimate, private boutique condo living with amenities including a landscaped rooftop terrace and garden with BBQs, rooftop fitness centre and party room, 24-hour security and visitor parking. An innovative air-to-water heat pump retrofit has reduced greenhouse gas emissions by approximately 60%, reflecting the building's commitment to sustainability. All-inclusive maintenance fees add convenience and predictability.Ideally located steps from St. Lawrence Market, with the Financial District, Distillery District, King and Queen Streets, Eaton Centre, waterfront, acclaimed restaurants and cafés all within easy reach. Excellent transit connections and convenient access to the DVP and Gardiner Expressway complete this exceptional downtown offering

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$503,200
Land Transfer Taxes$9,055
Legal Fees (Est.)
$
Total cash required for closing$136,355

Total Monthly Obligation

$3,875/mo
Mortgage $2,537
Monthly Loss $3,208
Principal$668
Interest$1,870
Property Tax$246
Condo Fees$892
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.9%11
10-Year IRR
6.9%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,744/yr
NOI
$11,613/yr
Net Cash Flow
-$1,569/mo
Cash Margin
-61.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.4/ 100

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

Comparables

Properties near 120 Lombard Street 901

Time

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