2625 Regina Street 508, Britannia - Lincoln Heights and Area

$249,900
2625 Regina Street 508

$249,900

New
7d
Condo ApartmentApartment

2625 Regina Street 508, Britannia - Lincoln Heights and Area

Total Monthly Obligation $2,387

Beds
3
Baths
1
Park
1
Sqft
900-999
DOM
7d
Score
23
Yield
11.3%
Cash on Cash
2.2%
Cap Rate
5.0%
5Y IRR
17.3%
10Y IRR
16.0%
Property Type-Condo Apartment
MLS® Number-X14086290
Beds-3
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,944 (2026)
Maintenance-$933.3/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-EXP REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-6102 - Britannia
Title-Residential Condo & Other

No agent assigned

Welcome to 2625 Regina Street! Discover exceptional value in this bright and spacious 3-bedroom condo, offering an ideal combination of comfort, convenience, and incredible amenities! Featuring hardwood flooring throughout, the functional layout boasts an expansive L-shaped living and dining area filled with natural light, perfect for both everyday living and entertaining. The well-appointed kitchen offers ample cabinetry and counter space, while the oversized private balcony provides beautiful treetop views overlooking the natural surroundings of Britannia Beach and Mud Lake. Enjoy year-round comfort with a newly installed 4-head heat pump system providing efficient heating and cooling throughout the unit. Additional highlights include generous in-unit storage and a heated underground parking space. This well-equipped building offers an impressive array of amenities, including a saltwater indoor swimming pool, updated fitness centre, billiards room, games room, library, guest suite, and party room. Recent building improvements include upgraded elevators and a modernized, secure entrance and lobby security system. Ideally situated just minutes from Britannia Beach, Mud Lake's scenic walking trails, shopping, restaurants, public transit, and everyday conveniences. An incredible opportunity to enjoy spacious condo living, fantastic amenities, and a sought-after location at an affordable price!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$199,920
Land Transfer Taxes$2,224
Legal Fees (Est.)
$
Total cash required for closing$53,704

Total Monthly Obligation

$2,387/mo
Mortgage $1,008
Monthly Loss $2,121
Principal$265
Interest$743
Property Tax$245
Condo Fees$933
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
11.7%48
10-Year IRR
12.6%
Returns Index
24.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,200/yr
NOI
$8,836/yr
Net Cash Flow
-$272/mo
Cash Margin
-11.6%0
Cash Flow Index
0.5/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
32.8/ 100

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

Comparables

Properties near 2625 Regina Street 508

Time

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Data last updated within the past 24 hours.