460 Adelaide Street E Ph203, Toronto C08

$849,000
460 Adelaide Street E Ph203

$849,000

Price Change
21d
Condo ApartmentApartment

460 Adelaide Street E Ph203, Toronto C08

Total Monthly Obligation $4,653

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
21d
Score
16
Yield
4.5%
Cash on Cash
-8.1%
Cap Rate
2.9%
5Y IRR
9.2%
10Y IRR
9.6%
Property Type-Condo Apartment
MLS® Number-C13854602
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,662.28 (2025)
Maintenance-$722.81/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-immediate
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

PH203 A True Penthouse with Unmatched Views.From the moment you arrive under the hotel-style porte cochere, you know this place is different. Step into the grand, boutique-style lobby, where a 24/7 concierge awaits.Thenstraight to the top. PH203 is one of just nine penthouses in Axioms west tower, offering rare peace, privacy, and 180 unobstructed views. Whether its the vibrant skyline, glowing sunsets, or soft magic hour light, postcard views abound.This split-bedroom floorplan offers soaring 10 floor-to-ceiling windows that frame epic views. Remote-controlled SOMA blinds let you set the mood. Open the doors to the 23 northwest-facing terrace with composite decking and faux plant privacy screenand enjoy seamless indoor-outdoor living. Whether youre hosting friends or sipping morning coffee, this space is a sanctuary.Inside, the open living area and entertainers kitchen include custom touches like a lazy Susan cabinet, hidden spice racks, and toe-kick drawers. A new LG dishwasher with a transferable warranty brings peace of mind.The king-sized primary bedroom features crown molding, wainscoting, and its own west-facing terraceperfect for sunbathing or a roof garden. The ensuite includes a soaker tub, black fixtures, glass partition, and even a view from the bath.The second bedroom offers flexibility with fresh paint, an art deco-inspired light, blackout blinds, and panoramic viewsideal as a guest room, home office, or creative space.Enjoy 24/7 concierge, fitness center, sauna, screening room, lounge, billiards room, and guest suites.Walk to St. Lawrence Market, Eaton Centre, King Subway, the Distillery District, and Leslieville. Two future Ontario Line stations and the DVP are nearby.PH203 isnt just a condoits a lifestyle in the sky.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,653/mo
Mortgage $3,425
Monthly Loss $3,751
Principal$901
Interest$2,523
Property Tax$305
Condo Fees$723
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.4/ 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
$38,292/yr
NOI
$19,727/yr
Net Cash Flow
-$1,781/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.3/ 100

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

Comparables

Properties near 460 Adelaide Street E Ph203

Time

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Data last updated within the past 24 hours.