117 Gerrard Street E 207, Toronto C08

$409,990
117 Gerrard Street E 207

$409,990

New
2d
Condo ApartmentApartment

117 Gerrard Street E 207, Toronto C08

Total Monthly Obligation $3,042

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
2d
Score
19
Yield
7.8%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-C14104100
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,248.22 (2026)
Maintenance-$1,000.95/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE GOLD PACIFIC REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Brick
Possession-Immed/TBA
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome Home! This Spacious 759 Sq Ft One + Den Unit in a Boutique Condo gives you the sense of space in the Toronto downtown core! *Functional layout, wall-to-wall windows for the Open Concept Living and Dining Room, spacious bedroom with walk-in closet and den provide limitless flexibility! *With your own creativity, the good size den can be a second bedroom, a home office or a greenhouse retreat for your morning coffee! *Freshly painted, laminated flooring throughout, Updated bathroom. *Further expand on your imagination, Kitchen remains "as is" for the new owners to create their tailor-made gourmet kitchen. *24 Hours Concierge, Roof Top Terrace, Gym, Party Room and Visitor Parking. *Steps to all Amenities, shopping, restaurants, supermarkets and transit. 10 Minutes to Eaton Centre, St. Michael's Hospital, Yonge Street Corridor, TMU, U of T and Financial district. *15 Minutes to 5 other hospitals, like SickKids and Toronto General Hospitals, along the University Ave area! *One Underground Parking included! Perfect for First Time Buyers, Young Working Professionals and Parents! **Time to act now. Don't missed out on this affordable City Oasis!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$327,992
Land Transfer Taxes$4,675
Legal Fees (Est.)
$
Total cash required for closing$88,173

Total Monthly Obligation

$3,042/mo
Mortgage $1,654
Monthly Loss $2,607
Principal$435
Interest$1,219
Property Tax$187
Condo Fees$1,001
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.3%31
10-Year IRR
10.4%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,160/yr
NOI
$12,284/yr
Net Cash Flow
-$630/mo
Cash Margin
-23.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.2/ 100

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

Comparables

Properties near 117 Gerrard Street E 207

Time

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Data last updated within the past 24 hours.