505 Glencairn Avenue 308, Toronto C04

$989,000
505 Glencairn Avenue 308

$989,000

Price Change
24d
Condo ApartmentApartment

505 Glencairn Avenue 308, Toronto C04

Total Monthly Obligation $4,938

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
0
Sqft
700-799
DOM
24d
Score
15
Yield
3.0%
Cash on Cash
-12.2%
Cap Rate
2.0%
5Y IRR
6.0%
10Y IRR
7.2%
Property Type-Condo Apartment
MLS® Number-C13841736
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$748.54/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CITYSCAPE REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Other
Possession-Flexible
Neighbourhood-Englemount-Lawrence
Title-Residential Condo & Other

No agent assigned

Experience elevated urban living at Glenhill Condominiums by Lanterra, an exclusive residence where sophisticated design meets resort-inspired luxury. This beautifully appointed 1 Bedroom +Flex offers an exceptional layout with an oversized flex space ideal as a second bedroom orelegant home office. A premium Upgrade Package features Miele appliances, stone countertops and backsplash, upgraded cabinetry, pot lights throughout and wide-plank engineered hardwood flooring. Indulge in an impressive collection of amenities including indoor & outdoor pools, state-of-the-art fitness and spa facilities, private dining and lounge spaces, concierge service and beautifully landscaped grounds, complemented by the onsite Glenhill Hotel and event space. Ideally situated moments from Glencairn subway, Yorkdale, Allen Rd. & Hwy 401, with exceptional dining, shopping, parks and everyday conveniences nearby.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$791,200
Land Transfer Taxes$16,255
Legal Fees (Est.)
$
Total cash required for closing$215,555

Total Monthly Obligation

$4,938/mo
Mortgage $3,989
Monthly Loss $3,888
Principal$1,050
Interest$2,940
Condo Fees$749
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.3%0
5-Year IRR
3.7%8
10-Year IRR
5.8%
Returns Index
5.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$29,796/yr
NOI
$15,434/yr
Net Cash Flow
-$2,703/mo
Cash Margin
-108.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.1/ 100

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

Comparables

Properties near 505 Glencairn Avenue 308

Time

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