676 Richmond Street W 208, Toronto C01

$999,999
676 Richmond Street W 208

$999,999

New
4d
Condo Apartment2-Storey

676 Richmond Street W 208, Toronto C01

Total Monthly Obligation $5,529

Bed+Den
2+1
Baths
2
Park
1
Sqft
1400-1599
DOM
4d
Score
20
Yield
6.0%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-C14096226
Bed+Den-2+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Apartment
Age-16-30
Taxes-$5,202.37 (2025)
Maintenance-$861.83/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-INTERCITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Rarely available. Truly distinctive. An opportunity worth exploring.Authentic hard lofts with this level of character and history seldom come to market. Now is your opportunity to own an extraordinary residence in Toronto's iconic Decca Records Building, a sought-after boutique loft conversion in the heart of the Fashion District.Once home to Decca Records Canada's headquarters, this unique building blends industrial character with sophisticated modern living. Offering over 1,400 square feet of beautifully renovated space, this exceptional loft features soaring double-height ceilings, exposed brick, original steel beams, and an abundance of natural light.A stunning chef's kitchen with premium appliances, gas range, and oversized island opens to an inviting living area featuring a rare wood-burning fireplace and custom built-ins. A versatile mezzanine offers the perfect home office or creative retreat, while the upper level features an additional living space with an oversized skylight and access to a generous private terrace. The romantic primary suite includes a lofted retreat, custom walk-in closet, and beautifully appointed ensuite.Properties of this distinction are not easily replicated. An exceptional opportunity to own a truly unique loft with authentic character, rich history, and an unbeatable Fashion District location.

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Closing Costs

Mortgage Amount
$799,999
Land Transfer Taxes$16,475
Legal Fees (Est.)
$
Total cash required for closing$217,975

Total Monthly Obligation

$5,529/mo
Mortgage $4,034
Monthly Loss $4,468
Principal$1,061
Interest$2,972
Property Tax$434
Condo Fees$862
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.2%44
10-Year IRR
11.6%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$60,036/yr
NOI
$36,088/yr
Net Cash Flow
-$1,026/mo
Cash Margin
-20.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
18.9/ 100

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

Comparables

Properties near 676 Richmond Street W 208

Time

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