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301 918 Argyle AVENUE
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Top-floor unit in the desirable Greystone Heights, just steps to 8th Street amenities. This bright, east-facing unit features a spacious open-concept layout connecting the living, dining, and kitchen areas. Enjoy a private balcony with mature tree views. Offers two good-sized bedrooms, including a primary bedroom with a 2-piece ensuite and walk-in closet. Includes underground parking, in-suite laundry and storage, plus building amenities such as an elevator and recreation room. Washer and dishwasher were replaced in March 2026. All appliances included. Ideal for first-time buyers, downsizers, or investors. Currently tenant-occupied. Lease in place until June 30, 2026 at $1,700/month. Condo fees reflect recent proactive improvements to the building’s long-term financial health. The reserve fund had previously been underfunded, and contributions have since been increased to ensure adequate reserves for future capital projects and emergencies. Additionally, a major roof replacement was completed last year, with costs incorporated into the condo fees rather than a one-time special assessment. Condo fees include contributions to the reserve fund as well as common area expenses such as utilities, maintenance, insurance, and overall building operations. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 14.3 × 14.1 feet | |
| Dining room | 6.11 × 9 feet | |
| Kitchen | 10 × 10.8 feet | |
| Primary Bedroom | 11.5 × 13 feet | |
| 2pc Ensuite bath | — | |
| Bedroom | 9.11 × 13 feet | |
| 4pc Bathroom | — | |
| Laundry room | 7.8 × 8.4 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
17.20%
Cap rate
8.31%
GRM
8.8
Break-even rent
$1,297
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.