117 Gerrard Street 601, Toronto C08

$339,900
117 Gerrard Street 601

$339,900

New
2d
Condo ApartmentApartment

117 Gerrard Street 601, Toronto C08

Total Monthly Obligation $2,594

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
2d
Score
23
Yield
8.9%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Condo Apartment
MLS® Number-C14102280
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,025.7 (2026)
Maintenance-$853.88/mo
Locker-Owned
Parking-None
Basement-Apartment
Heating-Forced Air (Gas)
Brokerage-REMAX CONNECT REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stone
Possession-30 DAYS TBA
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

SHOWS TO PERFECTION!! JUST MOVE IN AND PUT YOUR FEET UP! Open concept condo Boasting Newer Kitchen And Bathroom With Quartz Countertops And Luxury Vinyl Floor, Updated Flooring Throughout, Bright And Sunny With Master Bedroom With Sliding Door. West Facing, Close To All Amenities, Boutique Building , Only 13 Floors With Rooftop Terrace, 24 Hour Concierge, Visitor Parking, Gym, Party Room, Steps To All Amenities. Walk To Yonge Street And The Eaton's Centre. Guest Parking And Close To Public Transportation. Turn key unit! Move in and put your feet up! Almont 700 square feet! Could be turned into a 2 bedroom unit!

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

Closing Costs

Mortgage Amount
$271,920
Land Transfer Taxes$3,574
Legal Fees (Est.)
$
Total cash required for closing$73,054

Total Monthly Obligation

$2,594/mo
Mortgage $1,371
Monthly Loss $2,233
Principal$361
Interest$1,010
Property Tax$169
Condo Fees$854
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.9%49
10-Year IRR
12.4%
Returns Index
25.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,204/yr
NOI
$12,511/yr
Net Cash Flow
-$328/mo
Cash Margin
-13.0%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
31.3/ 100

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

Comparables

Properties near 117 Gerrard Street 601

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.

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Data last updated within the past 24 hours.