407 Walmer Road 401, Toronto C02

$1,998,000
407 Walmer Road 401

$1,998,000

New
14d
Condo Apartment1 Storey/Apt

407 Walmer Road 401, Toronto C02

Total Monthly Obligation $12,483

Beds
3
Baths
2
Park
1
Sqft
2000-2249
DOM
14d
Score
14
Yield
5.1%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-C14005606
Beds-3
Bathrooms-2
Size-2000-2249 sqft
Listed on site-Oct 9, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$7,650.09 (2026)
Maintenance-$3,586.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-Johnston & Daniel
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-60 days/TBA
Neighbourhood-Casa Loma
Title-Residential Condo & Other

No agent assigned

Suites in this intimate boutique building are rarely offered for sale. A beautifully renovated corner residence offering approximately 2,100 square feet of elegant living space and breathtaking panoramic views of the downtown Toronto skyline in Forest Hill. Bathed in natural light, this exceptional suite enjoys south, north, and east exposures, with ever-changing vistas over the treetop of the Nordheimer Ravine. A welcoming foyer leads to expensive principal rooms, including generous living and dining areas. The renovated white kitchen features shaker cabinetry, Corian countertops, a bright breakfast area with unobstructed eastern views. The oversized primary suite with sitting areas, a walk-in closet, a renovated 3-piece ensuite, and a balcony. The second bedroom, currently used as a den, with wall-to-wall closets, wood floor has unobstructed east views. Additional features include a separate laundry room with washer, dryer, laundry sink, and second refrigerator, one underground parking space, and a locker. Residents enjoy an exercise room, sauna, visitor parking, barbecues permitted on balconies and pets permitted as per by-laws. This exclusive seven storey building with only 14 suites is a rare find in the city. Ideally located within walking distance to Forest Hill Village, Winston Churchill Park, TTC, grocery stores, restaurants, shops, synagogues, and churches. A truly special opportunity to enjoy a spacious, quiet condominium surrounded by nature, with spectacular ravine and skyline views in one of the city's most desirable neighbourhoods.

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

Closing Costs

Mortgage Amount
$1,598,400
Land Transfer Taxes$36,435
Legal Fees (Est.)
$
Total cash required for closing$437,535

Total Monthly Obligation

$12,483/mo
Mortgage $8,059
Monthly Loss $10,362
Principal$2,121
Interest$5,939
Property Tax$638
Condo Fees$3,586
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%12
Cash-on-Cash
-13.5%0
5-Year IRR
5.3%12
10-Year IRR
7.2%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$102,000/yr
NOI
$38,718/yr
Net Cash Flow
-$4,833/mo
Cash Margin
-56.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.403
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
12.0/ 100

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

Comparables

Properties near 407 Walmer Road 401

Time

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