111 Champagne Avenue 1805, Dows Lake - Civic Hospital and Area

$459,900
111 Champagne Avenue 1805

$459,900

New
21d
Condo ApartmentApartment

111 Champagne Avenue 1805, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $3,412

Beds
2
Baths
2
Park
0
Sqft
800-899
DOM
21d
Score
17
Yield
6.8%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-X13856730
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,501.55 (2026)
Maintenance-$898.9/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 AND FURNITURE INCLUDED* Welcome to unit 1805 at the SoHo Champagne. This 2 bed/2bath condo is built to impress with floor to ceiling windows, brand new laminate throughout, and modern finishes. The open-concept main living area connects the kitchen, living room, and balcony seamlessly. With plenty of cabinet space extending to the ceiling, a seamless in-counter stove, and farmhouse sink, this kitchen is perfect for preparing meals for friends and family. The primary suite includes a walk-in closet and spa-inspired bathroom, and the second bedroom leaves nothing to be desired with the same modern finishes and large accompanying closet. The second bathroom features the same rain-fall shower with glass doors, grey tiling, and mood lighting. The Soho Champagne's amenities include a gym, hot tub, terraces, patios, a movie theatre, party room and underground parking. Located 150 meters from the Dow's Lake LRT station in Little Italy, residents can enjoy the bustling atmosphere of Little Italy or escape to Dow's Lake to spend time on the water, walk through the parks, or go for a picnic. Minimum 24hrs notice required for all showings. *some conditions may apply.

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

Closing Costs

Mortgage Amount
$367,920
Land Transfer Taxes$5,673
Legal Fees (Est.)
$
Total cash required for closing$99,153

Total Monthly Obligation

$3,412/mo
Mortgage $1,855
Monthly Loss $2,924
Principal$488
Interest$1,367
Property Tax$458
Condo Fees$899
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
8.3/ 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
$31,356/yr
NOI
$9,532/yr
Net Cash Flow
-$1,061/mo
Cash Margin
-40.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.8/ 100

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

Comparables

Properties near 111 Champagne Avenue 1805

Time

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