357 King Street W #501, Toronto C01

$428,000
357 King Street W #501

$428,000

Price Change
17d
Condo ApartmentApartment

357 King Street W #501, Toronto C01

Total Monthly Obligation $2,504

Beds
0
Baths
1
Park
0
Sqft
500-599
DOM
17d
Score
23
Yield
6.7%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-C13865376
Beds-0
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,662.57 (2026)
Maintenance-$355.25/mo
Locker-None
Parking-Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD/FLEX
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Don't Miss The Opportunity To Own 500 Sq. Ft. Of Well-Appointed Living Space With Premium Finishes Throughout In The Heart Of King West! The Intelligent And Adaptable Layout Offers The Potential To Effortlessly Define A Separate Sleeping Area. Smooth Ceilings Throughout with Impressive 11-Ft Ceiling Heights. The Thoughtfully Curated Open-Concept Design Features Expansive Floor-To-Ceiling Windows, Sun-Drenched Interiors, Designer Finishes, A Contemporary Kitchen, Elegant Bathroom, And Convenient In-Suite Laundry. Steps To The CN Tower, Rogers Centre, Ripley's Aquarium, Union Station, Scotiabank Arena, The PATH, Toronto Harbourfront, HTO Beach, And The Martin Goodman Trail. Experience The Best Of King West's Renowned Restaurants, Boutique Cafés, Vibrant Patios, Entertainment Venues, And Transit Connections Just Outside Your Door. Boasting A Perfect 100 Walk Score. Residents Enjoy An Exceptional Collection Of Amenities Including A State-Of-The-Art Fitness Centre, Strength Training Area, Yoga Studio, Collaborative Workspaces, Outdoor Podium Terrace, Entertainment And Dining Rooms With Resident Lounge, Plus A Spectacular Rooftop Retreat Featuring BBQ Stations, Al Fresco Dining, A Sundeck, And Panoramic City Views. An Outstanding Opportunity For Professionals, First-Time Buyers, Savvy Investors, Or Anyone Seeking A Sophisticated Urban Pied-À-Terre In One Of Toronto's Most Coveted Neighbourhoods.

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

Closing Costs

Mortgage Amount
$342,400
Land Transfer Taxes$5,035
Legal Fees (Est.)
$
Total cash required for closing$92,135

Total Monthly Obligation

$2,504/mo
Mortgage $1,726
Monthly Loss $2,049
Principal$454
Interest$1,272
Property Tax$222
Condo Fees$355
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.2%52
10-Year IRR
12.4%
Returns Index
26.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,764/yr
NOI
$16,562/yr
Net Cash Flow
-$346/mo
Cash Margin
-14.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.7/ 100

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

Comparables

Properties near 357 King Street W #501

Time

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Data last updated within the past 24 hours.