65 Mutual Street 405, Toronto C08

$596,000
65 Mutual Street 405

$596,000

New
21d
Condo ApartmentApartment

65 Mutual Street 405, Toronto C08

Total Monthly Obligation $3,505

HausQ Valuation Report
Beds
2
Baths
2
Park
0
Sqft
600-699
DOM
21d
Score
17
Yield
5.2%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-C13857382
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$4,110 (2025)
Maintenance-$558.31/mo
Locker-None
Parking-Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RESIDENTIAL DEVELOPMENT SERVICES INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Immediate
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Welcome to Ivy Condos, a brand new residence offering a spacious 2-bedroom, 2-bathroom layout with walk-out to balcony, in the heart of Toronto's vibrant Garden District. Enjoy beautiful west-facing views overlooking the park. This modern boutique-inspired building features organic architecture with frosted leaf exterior accents and a striking living green wall in the lobby. Designed by RAW Design and built by Dream Development, this contemporary high-rise features thoughtful open-concept layouts with nine-foot ceilings, floor-to-ceiling windows, and nature-inspired finishes throughout. Residents enjoy 24-hour concierge service and an exceptional suite of amenities including a fitness centre, Ivy Lounge with kitchen and wet bar, library with fireplace, business lounge, private dining room, pet spa, bike repair shop, and an outdoor terrace equipped with BBQs and firepits. Tucked along quiet Mutual Street just off Dundas, the location offers a perfect Walk and Transit Score of 100, positioned within steps of Toronto Metropolitan University, CF Toronto Eaton Centre, Yonge-Dundas Square, and the Financial District. Parking and locker are available at additional cost.

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

Closing Costs

Mortgage Amount
$476,800
Land Transfer Taxes$8,395
Legal Fees (Est.)
$
Total cash required for closing$129,095

Total Monthly Obligation

$3,505/mo
Mortgage $2,404
Monthly Loss $2,872
Principal$633
Interest$1,771
Property Tax$343
Condo Fees$558
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.3%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
$31,272/yr
NOI
$14,935/yr
Net Cash Flow
-$1,160/mo
Cash Margin
-44.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.8/ 100

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

Comparables

Properties near 65 Mutual Street 405

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.