645 Davenport Road 16, Toronto C02

$1,749,000
645 Davenport Road 16

$1,749,000

New
25d
Condo Townhouse3-Storey

645 Davenport Road 16, Toronto C02

Total Monthly Obligation $8,684

Beds
3
Baths
3
Park
1
Sqft
1800-1999
DOM
25d
Score
16
Yield
4.2%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.3%
Property Type-Condo Townhouse
MLS® Number-C13833404
Beds-3
Bathrooms-3
Size-1800-1999 sqft
Listed on site-Sep 28, 2026
Style-3-Storey
Building Type-Condo Townhouse
Taxes-$6,816.94 (2026)
Maintenance-$861.3/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SECURITY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Exterior-Stone, Stucco (Plaster)
Possession-Immediate
Neighbourhood-Casa Loma
Title-Residential Condo & Other

No agent assigned

Exceptionally rare and truly one-of-a-kind, this expansive three-storey end-unit townhome is the largest residence in the sought-after Castle Terrace complex, set in prestigious Casa Loma. Completely renovated inside and out, this elegant, move-in-ready home offers approx. 1,860 sq. ft. of beautifully appointed living space, 9-ft ceilings and an abundance of natural light. A welcoming foyer with limestone flooring, front closet and pantry leads to an open-concept living and dining area featuring warm plank hardwood floors, crown moulding, wainscoting and pot lights throughout. The inviting living room features a gas fireplace with raised limestone surround and walkout to a private, south-facing 360 sq. ft. outdoor oasis with stone patio, new fencing and pet-friendly artificial turf. The beautifully appointed kitchen features limestone flooring, elegant marble mosaic backsplash and Kohler faucets and hardware. A convenient 2-piece powder room completes the main level. Upstairs, the spacious primary suite offers a large walk-in closet and beautifully appointed 3-piece ensuite. The cozy family room provides a comfortable retreat, while the third bedroom features built-in shelving, a gas fireplace and built-in TV area. A convenient second-floor laundry room with sink adds functionality.Freshly painted and thoughtfully finished throughout. Enjoy beautiful views of the Toronto skyline and CN Tower from select rooms. Parking and Locker included. Ideally located just a 7-minute walk to the subway, with convenient bike lanes and cycling routes for easy commuting. Minutes to Casa Loma Castle, Forest Hill Village, Wychwood Barns, The Annex, parks, schools, shopping, dining and the vibrant Dupont Strip. A rare opportunity to enjoy exceptional urban living in one of Toronto's most desirable neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,399,200
Land Transfer Taxes$31,455
Legal Fees (Est.)
$
Total cash required for closing$382,755

Total Monthly Obligation

$8,684/mo
Mortgage $7,055
Monthly Loss $6,828
Principal$1,857
Interest$5,198
Property Tax$568
Condo Fees$861
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$74,280/yr
NOI
$47,299/yr
Net Cash Flow
-$3,113/mo
Cash Margin
-50.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
14.1/ 100

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

Comparables

Properties near 645 Davenport Road 16

Time

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