111 Champagne Avenue 502, Dows Lake - Civic Hospital and Area

$384,900
111 Champagne Avenue 502

$384,900

New
21d
Condo ApartmentApartment

111 Champagne Avenue 502, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $2,886

Beds
1
Baths
1
Park
0
Sqft
600-699
DOM
21d
Score
17
Yield
6.9%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Condo Apartment
MLS® Number-X13856660
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,623.79 (2026)
Maintenance-$747.97/mo
Locker-None
Parking-Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-4502 - West Centre Town
Title-Residential Condo & Other

No agent assigned

FALL PROMOTION - GET 2 YEARS OF CONDO FEES PAID FOR YOU* Welcome to 502 in SoHo Champagne. This 1 Bed + Den/1 Bath unit has floor to ceiling windows, hardwood floors throughout and a gorgeous modern design. The open concept living area makes entertaining a breeze, with plenty of counter space and storage in the kitchen and accompanying island, and easy access to the spacious west facing balcony. The bedroom is connected by a sliding privacy door, allowing a fully open-concept living space or a private retreat in the evenings. The spa-inspired bathroom features a rainfall shower with glass doors. Working from home, the Den can easily be used as a home office. Amenities include a terrace and patio with a barbecue and hot tub, Dalton Brown gym, movie theatre, party room w/full kitchen and lounge area, meeting room and 3 elevators. Located 150 meters from the Dow's Lake LRT station in Little Italy, residents can enjoy dining and fun on the busy streets, or escape to Dows Lake for time on the water or walks in the gorgeous surrounding parks. Minimum 24hrs notice required for all showings. *some conditions may apply.

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

Closing Costs

Mortgage Amount
$307,920
Land Transfer Taxes$4,249
Legal Fees (Est.)
$
Total cash required for closing$82,729

Total Monthly Obligation

$2,886/mo
Mortgage $1,553
Monthly Loss $2,477
Principal$409
Interest$1,144
Property Tax$385
Condo Fees$748
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
6.0%14
10-Year IRR
7.9%
Returns Index
8.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$26,604/yr
NOI
$7,944/yr
Net Cash Flow
-$891/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
26.2/ 100

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

Comparables

Properties near 111 Champagne Avenue 502

Time

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