1331 Queen Street E Th01, Toronto E01

$1,469,000
1331 Queen Street E Th01

$1,469,000

New
24d
Condo Townhouse3-Storey

1331 Queen Street E Th01, Toronto E01

Total Monthly Obligation $7,623

Bed+Den
4+1
Baths
3
Park
1
Sqft
2000-2249
DOM
24d
Score
15
Yield
4.2%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Townhouse
MLS® Number-E13839364
Bed+Den-4+1
Bathrooms-3
Size-2000-2249 sqft
Listed on site-Sep 29, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$8,251.84 (2026)
Maintenance-$809.51/mo
Locker-None
Parking-1 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front
Possession-TBD
Neighbourhood-South Riverdale
Title-Residential Condo & Other

No agent assigned

Welcome to the best of both worlds in the heart of Leslieville. This condo townhouse offers freehold-style living with the ease and security of resort-inspired condo amenities just outside your door. Tucked into one of the east end's most sought-after communities, this rare townhome offers over 2,000 square feet of elevated indoor-outdoor space, with direct access from your private garage and laneway off of Memory Lane. No elevators, no shared hallways, just effortless, independent living. Enter on the ground level into an elevated mudroom, thoughtfully designed with abundant closet space, a built-in bench, and dedicated storage for shoes and coats. The kind of practical, drop-everything entry that keeps daily life organized. This level also opens onto your private walkout terrace, a true extension of the home that lives like your own backyard, with zero-maintenance decking, a gas BBQ hookup, and plenty of room for dining or weekend lounging. Head upstairs to a sun-filled main level designed for quiet mornings and easy connection, where wide-plank bleached oak hardwoods, oversized windows, and a custom chef's kitchen with stone surfaces, a gas range, and sleek cabinetry set the tone for slow coffees or gatherings with friends. The next level offers two flexible bedrooms suited to however you live: one currently set up as a cozy media lounge with a large sectional and TV, perfect as a private movie room or easily converted back to a bedroom, and a second currently used as a home office that fits a queen bed with ease. Finally, the top floor is yours alone - a private primary suite with its own spa-inspired ensuite and terrace, ideal for sunrise coffees or evening wine above the city. From attentive concierge service to a fully equipped gym, pet spa and around the clock service, this is the rare kind of home that lives like a house but feels like a getaway, all just steps from Queen East's best restaurants, cafes, and transit.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,175,200
Land Transfer Taxes$25,855
Legal Fees (Est.)
$
Total cash required for closing$321,155

Total Monthly Obligation

$7,623/mo
Mortgage $5,926
Monthly Loss $6,063
Principal$1,559
Interest$4,366
Property Tax$688
Condo Fees$810
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$61,308/yr
NOI
$34,811/yr
Net Cash Flow
-$3,025/mo
Cash Margin
-59.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.3/ 100

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

Comparables

Properties near 1331 Queen Street E Th01

Time

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