575 Avenue Road 203, Toronto C02

$339,000
575 Avenue Road 203

$339,000

New
17d
Co-op ApartmentApartment

575 Avenue Road 203, Toronto C02

Total Monthly Obligation $2,586

Beds
1
Baths
1
Park
0
Sqft
0-499
DOM
17d
Score
19
Yield
7.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.1%
Property Type-Co-op Apartment
MLS® Number-C13867238
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Co-op Apartment
Age-51-99
Maintenance-$1,018.13/mo
Locker-Exclusive
Parking-Underground
Basement-None
Heating-Water (Gas)
Brokerage-REAL ESTATE HOMEWARD
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flex/60 days
Neighbourhood-Yonge-St. Clair
Title-Residential Condo & Other

No agent assigned

Welcome to 'Heathaven Apartments' an exquisite, lower-rise building exemplifying mid-century charm and located in the desirable, upscale mid-town neighborhood of Deer Park. This chic, move-in ready, meticulously presented Jr. one-bedroom suite boasts approximately 500sqft of space (plus impressive balcony) with a well-designed layout for today's comfortable living. Ideally positioned on the southside of the building (not road facing) so you can enjoy your balcony as additional living space for morning coffee or evening cocktails. Let's explore the suite's appealing aesthetic features starting with the lovely, on-trend parquet flooring and neutral colour-palette. The open-concept living and dining areas are bright and spacious enough for those wishing to have a living room and a dining set. The kitchen has modern countertops, backsplash and tile flooring, along with the convenience of a portable washing machine when you don't want to use the laundry facilities. As for the 3-piece bathroom; absolutely spotless with contemporary sink vanity and linen closet. The primary bedroom is oversized, complete with freestanding wardrobes providing ample clothes storage. The walk-in closet is creatively being utilized as a home office! For extra space, the suite also comes with a locker. This neighborly building is pet-friendly (restrictions, but dogs/cats welcome). A bonus is the fabulous roof top terrace with BBQ! Wait, there's more; walk to grocery shops, boutiques, cafes and restaurants. TTC is right in front of the building, 24-hr streetcar nearby and convenient for drivers. Nature lovers, walkers, cyclists rejoice with the proximity to Mount Pleasant, parks, Beltline trail and ravines to explore. Need parking? The building rents spots at reasonable rates (currently about $50 per month, upon availability). Low-maintenance living at its finest w/modest monthly fees that INCLUDES property taxes, heat, water, cable, high-speed internet and reserve fund contribution. Wow!

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

Closing Costs

Mortgage Amount
$271,200
Land Transfer Taxes$3,560
Legal Fees (Est.)
$
Total cash required for closing$72,860

Total Monthly Obligation

$2,586/mo
Mortgage $1,367
Monthly Loss $2,226
Principal$360
Interest$1,008
Condo Fees$1,018
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
8.2%24
10-Year IRR
9.6%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$26,280/yr
NOI
$9,034/yr
Net Cash Flow
-$615/mo
Cash Margin
-28.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
29.3/ 100

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

Comparables

Properties near 575 Avenue Road 203

Time

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Data last updated within the past 24 hours.