1960 Queen Street 206, Toronto E02

$625,000
1960 Queen Street 206

$625,000

New
23d
Condo ApartmentApartment

1960 Queen Street 206, Toronto E02

Total Monthly Obligation $4,054

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
14
Yield
3.6%
Cash on Cash
-17.4%
Cap Rate
0.8%
5Y IRR
2.1%
10Y IRR
4.3%
Property Type-Condo Apartment
MLS® Number-E13844924
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$4,331.26 (2025)
Maintenance-$972.17/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ACE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-The Beaches
Title-Residential Condo & Other

No agent assigned

Welcome! Live In The Beaches In Unit 206 At The Coveted Boutique Lakehouse Beach Residences, Situated In The Heart Of Toronto Beaches, Ideally Tucked Away On Kenilworth With Residential Starbucks Under Building Views. Floor To Ceiling Glass, 9 Ft Ceilings And Western Exposure Fills This Space With Light. Enjoy Sunsets From This Phenomenal Balcony Overlooking The Neighborhood, Complete W/Gas Line. Conveniently Located. Huge Locker, Close To Parking Spot. 658 Sq Ft. Steps To Queens Street.

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

Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$4,054/mo
Mortgage $2,521
Monthly Loss $3,391
Principal$663
Interest$1,858
Property Tax$361
Condo Fees$972
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.3%5
Cash-on-Cash
-21.1%0
5-Year IRR
-0.5%2
10-Year IRR
3.0%
Returns Index
2.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$22,500/yr
NOI
$1,853/yr
Net Cash Flow
-$2,367/mo
Cash Margin
-126.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.061
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
19.2/ 100

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

Comparables

Properties near 1960 Queen Street 206

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

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Data last updated within the past 24 hours.