1050 Eastern Avenue 1501, Toronto E02

$2,199,990
1050 Eastern Avenue 1501

$2,199,990

New
7d
Condo Apartment1 Storey/Apt

1050 Eastern Avenue 1501, Toronto E02

Total Monthly Obligation $10,610

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1800-1999
DOM
7d
Score
15
Yield
3.9%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-E14089286
Beds-3
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Oct 16, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-0-5
Maintenance-$1,536/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-PIVOT REAL ESTATE GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Other
Possession-30-60
Neighbourhood-The Beaches
Title-Residential Condo & Other

No agent assigned

Live in the charming neighbourhood of The Beaches in this rare, exquisitely designed 3 Bed, 3 Bath residence at Queen & Ashbridge Condos. Seamless indoor-outdoor living with two expansive private terraces. Light-flooded corner layout boasting panoramic skyline and water views. The chef's kitchen features custom cabinetry, statement stone slab countertops/backsplash, and an entertainer's island overlooking open living & dining zones accented by a stone fireplace. Generous primary retreat includes walk-in closet, terrace walkout, and a spa-inspired 5-piece ensuite with freestanding tub, frameless glass shower, and double vanity. Complete with wide-plank flooring throughout, recessed cove lighting. Comprehensive amenities include a 5,000 sqft fully equipped gym facility with yoga studios and steam rooms, garden roof deck with community garden plots, dog run, coworking space, outdoor BBQ, guest suites, and much more. Steps to waterfront trails, dining, transit, and city conveniences.Geothermal Heat Source. Taxes not yet assessed. Furniture for Staging Purposes Only.Some photos may have been digitally enhanced for reference Only.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,759,992
Land Transfer Taxes$41,475
Legal Fees (Est.)
$
Total cash required for closing$482,973

Total Monthly Obligation

$10,610/mo
Mortgage $8,874
Monthly Loss $8,275
Principal$2,335
Interest$6,539
Condo Fees$1,536
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.1%19
10-Year IRR
8.3%
Returns Index
10.7/ 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
$84,768/yr
NOI
$55,459/yr
Net Cash Flow
-$4,253/mo
Cash Margin
-60.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
13.1/ 100

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

Comparables

Properties near 1050 Eastern Avenue 1501

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.