181 Sterling Road 1005, Toronto C01

$553,000
181 Sterling Road 1005

$553,000

New
17d
Condo ApartmentApartment

181 Sterling Road 1005, Toronto C01

Total Monthly Obligation $2,904

Bed+Den
2+1
Baths
2
Park
0
Sqft
500-599
DOM
17d
Score
18
Yield
4.6%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-C13867242
Bed+Den-2+1
Bathrooms-2
Size-500-599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$473.22/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Roof-Flat
Possession-30-120
Neighbourhood-Dufferin Grove
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 1005 at the brand new House of Assembly condos! This 595 square foot 1-bedroom-plus-den, 2-bathroom unit has a large 181 square foot south-facing balcony! Step inside and notice right away the abundance of natural light thanks to this unit's south-facing orientation and massive windows. The open concept living and dining areas are perfect for entertaining or getting cozy when it's too cold out. The modern kitchen features brand new appliances and lots of room for even the most discerning chef. There's a 3-piece bathroom off the main living area, perfect for guests. The sizeable bedroom features a beautiful ensuite bathroom, and the den is large enough for a home office, home gym, or throw a day bed in there and ensure your guests have a comfortable place to sleep. Locker included for extra storage. Enjoy unmatched convenience with cafes, the Museum of Contemporary Art, Terroni Sterling, Henderson Brewing Company, parks, and more just steps away. Ideally located near TTC transit, GO Transit, and the Bloor UP Express for an easy commute to the city or to the airport in mere minutes. Premium amenities include 24/7 concierge, yoga studio, first-class level fitness centre, rooftop terrace with BBQs, party room, dog run, and bike storage. Welcome home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$442,400
Land Transfer Taxes$7,535
Legal Fees (Est.)
$
Total cash required for closing$119,635

Total Monthly Obligation

$2,904/mo
Mortgage $2,231
Monthly Loss $2,317
Principal$587
Interest$1,644
Condo Fees$473
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.9%
Returns Index
12.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$25,452/yr
NOI
$14,828/yr
Net Cash Flow
-$995/mo
Cash Margin
-46.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.8/ 100

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

Comparables

Properties near 181 Sterling Road 1005

Time

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