630 Queen Street E 602, Toronto E01

$589,900
630 Queen Street E 602

$589,900

New
22d
Condo ApartmentLoft

630 Queen Street E 602, Toronto E01

Total Monthly Obligation $3,640

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
16
Yield
4.7%
Cash on Cash
-10.4%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Condo Apartment
MLS® Number-E13849086
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Loft
Building Type-Condo Apartment
Taxes-$3,167 (2026)
Maintenance-$796.86/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-TBA
Neighbourhood-South Riverdale
Title-Residential Condo & Other

No agent assigned

Super-stylish and extensively upgraded 1+1-bedroom corner suite in one of Riverside's most sought-after boutique loft buildings, Sync Lofts! Spectacular north and west facing views of the Toronto skyline and an exceptional indoor-outdoor lifestyle rarely found in the city. Thoughtfully designed, the versatile den functions perfectly as a home office or guest room and includes a custom Murphy bed (10k upgrade) for added flexibility. The modern kitchen features stainless steel appliances, sleek finishes, and an open-concept layout ideal for entertaining. Balcony off the living area The purchase price also includes an owned parking space, owned locker, and owned bike storage locker-an uncommon combination in a downtown loft building. Located at the gateway to Toronto's vibrant east end, Sync Lofts places you steps from the shops, cafés, restaurants, and nightlife of Riverside and Leslieville, while Corktown, The Distillery District, St. Lawrence Market, and the downtown core are all within easy walking distance. Commuters will appreciate the outstanding 98 Walk Score and Transit Score, with two streetcar lines at your doorstep and quick access to the DVP, Gardiner Expressway, and downtown business district. Urban loft living at its finest!

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,640/mo
Mortgage $2,379
Monthly Loss $3,014
Principal$626
Interest$1,753
Property Tax$264
Condo Fees$797
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.4%9
10-Year IRR
6.5%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$27,972/yr
NOI
$10,045/yr
Net Cash Flow
-$1,542/mo
Cash Margin
-66.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
21.4/ 100

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

Comparables

Properties near 630 Queen Street E 602

Time

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Data last updated within the past 24 hours.