268 Ridley Boulevard 314, Toronto C04

$699,999
268 Ridley Boulevard 314

$699,999

New
22d
Condo ApartmentApartment

268 Ridley Boulevard 314, Toronto C04

Total Monthly Obligation $4,399

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
22d
Score
17
Yield
5.8%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-C13851266
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$3,053.89 (2026)
Maintenance-$1,120.77/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Oct 10 _ TBD
Neighbourhood-Bedford Park-Nortown
Title-Residential Condo & Other

No agent assigned

This beautifully renovated Tridel-built 2-bedroom, 2-bathroom condo south facing provides functionality and amazing space with exceptional value. Absolutely the best Condo value in North Toronto! With over $100,000 spent on renovations in 2026, this stunning suite features 6" hickory engineered hardwood floors, a brand-new kitchen with never-used stainless steel appliances and a full-size built-in pantry, updated lighting, custom remote control blis throughout, smooth ceilings (a rarity), fresh white paint including all doors ad baseboards, and new window glass installed in April 2026. The versatile solarium can serve as a home office or potential third bedroom, while the spacious primary has a walk-in closet. The secondary bedroom also faces south with a generous double closet and the second bathroom features a newly renovated shower. Enjoy 8-foot clear ceilings, in-suite stackable laundry, and a covered south-facing balcony with access from both he solarium and primary bedroom, offering beautiful city views. Maintenance fees include heat, hydro, and water, and residents enjoy a secure gatehouse with 24-hour security plus premium amenities including an outdoor pool, gym, library with pool table, sauna, and separate men's and women's locker rooms. The unit includes one underground parking space, one storage locker, ample visitor parking, and is just steps to the TTC, Toronto Cricket Club, amazing restaurants and shopping of Avenue Road and Yonge Street with easy access to parks, top-rated schools, making this a turnkey opportunity in a highly connected and desirable neighbourhood.

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$4,399/mo
Mortgage $2,824
Monthly Loss $3,656
Principal$743
Interest$2,081
Property Tax$254
Condo Fees$1,121
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.2%19
10-Year IRR
8.6%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,296/yr
NOI
$17,363/yr
Net Cash Flow
-$1,377/mo
Cash Margin
-41.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.2/ 100

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

Comparables

Properties near 268 Ridley Boulevard 314

Time

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