1005 King Street W 405, Toronto C01

$499,000
1005 King Street W 405

$499,000

New
15d
Condo ApartmentApartment

1005 King Street W 405, Toronto C01

Total Monthly Obligation $3,048

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
15d
Score
19
Yield
6.1%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C13875814
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,708.61 (2026)
Maintenance-$609.92/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immed/TBA
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Experience the best of King West at iconic DNA2. Suite 405 offers a bright south-facing 1-bedroom, 1-bathroom residence in the heart of it all. Offering approximately 560sqft of interior living space plus a private balcony, the functional layout features a modern L-shaped kitchen overlooking the spacious living and dining area, a generous bedroom with a large window, ensuite laundry and a walkout to the south-facing balcony. Complete with parking and a storage locker. The parking spot is conveniently close to the elevator and has a bike rack. Residents enjoy an impressive collection of amenities including 24-hour concierge, fitness facilities, party and meeting rooms, visitor parking and one of the best rooftop terraces (with BBQs) in the city. Ideally positioned at King & Shaw, steps to TTC, cafes, restaurants, parks and everyday conveniences (groceries across the street), with Liberty Village, Queen West, the waterfront and Martin Goodman Trail all nearby.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,048/mo
Mortgage $2,013
Monthly Loss $2,519
Principal$530
Interest$1,483
Property Tax$226
Condo Fees$610
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.2%30
10-Year IRR
10.1%
Returns Index
16.1/ 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
$30,588/yr
NOI
$15,102/yr
Net Cash Flow
-$754/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
26.3/ 100

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

Comparables

Properties near 1005 King Street W 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.

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Data last updated within the past 24 hours.