2 Covington Road PH205, Toronto C04

$619,000
2 Covington Road PH205

$619,000

New
2d
Condo Apartment1 Storey/Apt

2 Covington Road PH205, Toronto C04

Total Monthly Obligation $3,871

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
900-999
DOM
2d
Score
17
Yield
5.9%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-C14102014
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,722.26 (2025)
Maintenance-$947/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS REFERRED URBAN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Englemount-Lawrence
Title-Residential Condo & Other

No agent assigned

Rarely available Pent House unit in the Crystal Towers buildings! Light-filled penthouse with beautiful views in prime Englemount-Lawrence! This 900+ sq. ft., 2- bedroom and 2-bathroom condo features an open-concept living/dining area opening to a walk-out balcony. Clean and bright galley kitchen overlooks the dining area for easy serving and entertaining. The primary suite comfortably fits a king bed and includes a walk-in closet and private ensuite bathroom. Condo Includes 2 underground parking spaces and 1 locker. Building amenities feature a Shabbat elevator, security concierge, outdoor pool, sauna, exercise room, party room, and guest suites. Stellar central location, steps away from public transit, schools, shopping plaza, library and more. Book your viewing today!

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

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,871/mo
Mortgage $2,497
Monthly Loss $3,214
Principal$657
Interest$1,840
Property Tax$227
Condo Fees$947
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.9%23
10-Year IRR
9.2%
Returns Index
12.5/ 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
$36,672/yr
NOI
$16,519/yr
Net Cash Flow
-$1,120/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.3/ 100

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

Comparables

Properties near 2 Covington Road PH205

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.