1815 Yonge Street 507, Toronto C10

$838,000
1815 Yonge Street 507

$838,000

New
15d
Condo ApartmentApartment

1815 Yonge Street 507, Toronto C10

Total Monthly Obligation $5,109

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
15d
Score
15
Yield
4.8%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.8%
10Y IRR
8.5%
Property Type-Condo Apartment
MLS® Number-C13877784
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$5,156.33 (2026)
Maintenance-$1,099.17/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-90 Days +
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

LOCATION, STYLE & SPACE - ALL IN ONE! Welcome to this beautifully refreshed 926 sq. ft. 2-bedroom, 2-bathroom suite in the heart of coveted Yonge & Davisville, where modern updates meet an unbeatable Midtown Toronto lifestyle. Step inside and instantly feel at home with brand-new Torly's Marquee premium laminate flooring (August 2026) and an abundance of natural light streaming through the floor-to-ceiling windows. The bright, open-concept living and dining area offers a spacious and inviting setting for everyday living and effortless entertaining. The show-stopping kitchen is both stylish and functional, featuring quartz countertops, sleek cabinetry, stainless steel appliances, a custom pantry/coffee bar and a breakfast bar with seating for four. Thoughtfully designed with plenty of cabinetry and storage, it's a space you'll actually love spending time in. The generous primary bedroom overlooks the peaceful courtyard and features a double closet and private ensuite. The versatile second bedroom also offers a double closet and direct access to the private balcony - ideal for guests, a home office or both. Storage is a standout feature, with double closets in both bedrooms, a custom pantry/coffee bar and additional kitchen cabinetry providing the functionality today's condo buyers are looking for. Enjoy an impressive collection of building amenities, including a fully equipped fitness centre, billiard room, theatre room, a rooftop terrace with BBQs and panoramic city views, party room, guest suites and 24-hour concierge. And the location? It doesn't get much better. With a Walk Score of 97, you're just steps from Davisville Station, cafés, restaurants, shops, parks and the Beltline Trail. Complete with parking and locker, this move-in-ready suite checks all the boxes: space, style, storage, updates and location. Simply unpack, settle in and enjoy everything this Midtown Toronto condo has to offer!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$670,400
Land Transfer Taxes$13,235
Legal Fees (Est.)
$
Total cash required for closing$182,335

Total Monthly Obligation

$5,109/mo
Mortgage $3,380
Monthly Loss $4,220
Principal$890
Interest$2,491
Property Tax$430
Condo Fees$1,099
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.1%11
10-Year IRR
7.0%
Returns Index
6.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$40,596/yr
NOI
$15,790/yr
Net Cash Flow
-$2,064/mo
Cash Margin
-61.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.9/ 100

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

Comparables

Properties near 1815 Yonge Street 507

Time

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Data last updated within the past 24 hours.