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Investment signal

$573,000

2905 - 8 YORK STREET

Beds

1

Baths

1

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to 8 York Street - a standout opportunity in Toronto's waterfront where lifestyle meets a rare financial advantage. Here's what makes this truly unique: The seller is covering 12 months of maintenance fees. Intoday's condo market, that's a rare incentive - and a serious edge.This means:. Lower monthly carrying costs from day one. Stronger cash flow positioning. Time to comfortably adjust to ownership expenses. Reduced financial pressure in your first year. Whether you're a first-time buyer or investor, this is your chance to step in strategically -not stressfully. For investors, this translates into improved first-year cash flow and stronger rental positioning right out of the gate - with comparable units in the area commanding solid rental demand.This bright and efficient 1-bedroom suite offers over 600 sq ft of open-concept living, modern finishes, and floor-to-ceiling windows that flood the space with natural light while showcasing stunning lake views - a layout that feels both functional and elevated. Enjoy premium amenities including indoor & outdoor pools, fitness centre, sauna, party room, guest suites, 24-hour concierge, and visitor parking. With direct PATH access and steps to Union Station, commuting across the city is effortless. Surrounded by the waterfront, restaurants, cafes, and everyday essentials, this is downtown living done right - with an advantage most listings simply don't offer. Opportunities like this don't come often. Act fast. (id:65958)

Subtype
Single Family
Structure
Apartment
Community
Waterfront Communities C1
Common interest
Condo/Strata
Bedrooms
1 above grade
Parking
0 total
Condo/HOA fee
$578.09 monthly
On market
Apr 16, 2026
Status changed
Apr 16, 2026
Annual tax
$2,800
Photos
47
MLS#
C13008216
Area
TORONTO_(WATERFRONT_COMMUNITIES)

Features and systems

Parking

GarageUnderground

Basement

None

Appliances

WasherRefrigeratorStoveDryerMicrowaveHood Fan

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Concrete

Foundation

Unknown

Lot

BalconyCarpet Free

Community

Community CentrePets Allowed With Restrictions

View

Lake viewViewDirect Water View

Pool

Indoor poolOutdoor pool

Fee includes

Common Area MaintenanceElectricityWaterInsurance
Negative cash flow ~$1,140/mo at these assumptions

Cash on cash

-11.94%

Cap rate

3.50%

GRM

16.6

Break-even rent

$4,075

Financing

Down payment$114,600
Loan amount$458,400
Mortgage$2,812/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$263
Insurance$80
Maintenance$478
CapEx reserve$239
Vacancy loss$144

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Waterfront Communities). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $2,812/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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