38 Grenville Street 1406, Toronto C01

$455,000
38 Grenville Street 1406

$455,000

New
23d
Condo ApartmentApartment

38 Grenville Street 1406, Toronto C01

Total Monthly Obligation $2,717

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
23d
Score
20
Yield
6.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-C13842384
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,785.34 (2026)
Maintenance-$449.42/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET INTEGRITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bay Street Corridor
Title-Residential Condo & Other

No agent assigned

South facing with unobstructed view. One Bedroom With spacious foyer and Large Balcony Rarely Offered at Bay Corridor. New Vinyl Flooring. Open concept huge Island with Granite Counter Top. Floor To Ceiling Window for both living and bedroom. Great Amenities: 24Hr Concierge. Rec Centre W/Indoor Pool/Gym/Roof Top Running Track. Lounge Area. Convenient Location: Steps To Financial District, Hospitals, Universities, Eaton Centre, Subway, Ttc. Low condo fee. Visitor parking. walking score 98/100. 1 Staging photo is included. Locker 112 @level 1.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$364,000
Land Transfer Taxes$5,575
Legal Fees (Est.)
$
Total cash required for closing$98,075

Total Monthly Obligation

$2,717/mo
Mortgage $1,835
Monthly Loss $2,234
Principal$483
Interest$1,352
Property Tax$232
Condo Fees$449
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.4%31
10-Year IRR
10.2%
Returns Index
16.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,384/yr
NOI
$14,067/yr
Net Cash Flow
-$663/mo
Cash Margin
-29.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.9/ 100

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

Comparables

Properties near 38 Grenville Street 1406

Time

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Data last updated within the past 24 hours.