505 Glencairn Avenue 406, Toronto C04

$1,899,900
505 Glencairn Avenue 406

$1,899,900

New
9d
Condo ApartmentApartment

505 Glencairn Avenue 406, Toronto C04

Total Monthly Obligation $9,129

Bed+Den
3+1
Baths
2
Park
1
Sqft
1400-1599
DOM
9d
Score
15
Yield
3.4%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Condo Apartment
MLS® Number-C14094636
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$1,265.4/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Englemount-Lawrence
Title-Residential Condo & Other

No agent assigned

Welcome to Refined Living at Glenhill Condominiums, an intimate collection of finely crafted residences in the heart of Toronto's Bathurst & Glencairn community. This thoughtfully designed 2 Bedroom plus den suite spans 1,406 sq ft and features a split-bedroom layout for enhanced privacy, an open-concept living and dining area for connection, with additional Sitting Area. Step on to your south east-facing wrap around Terrace with unobstructed sunny south east views, the perfect setting to enjoy a coffee or a quiet gathering. Special Upgrade Package includes: Miele appliances, stone countertops and backsplash, upgraded kitchen cabinetry and bathroom vanity heights, pot lights throughout, wide-plank engineered hardwood floors. Residents enjoy access to Glenhill's wellness inspired amenities: indoor and outdoor pools, fitness and spa facilities, private dining and lounge spaces, concierge service, and beautifully landscaped surroundings. The onsite Glenhill Hotel and event space offers unparalleled hospitality. The location combines convenience and community, steps from shops, restaurants, schools, parks, and the Glencairn subway, with Yorkdale Mall, Highway 401, and the Allen Rd. moments away.

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

Closing Costs

Mortgage Amount
$1,519,920
Land Transfer Taxes$34,473
Legal Fees (Est.)
$
Total cash required for closing$415,953

Total Monthly Obligation

$9,129/mo
Mortgage $7,664
Monthly Loss $7,112
Principal$2,017
Interest$5,647
Condo Fees$1,265
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 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
$65,244/yr
NOI
$41,135/yr
Net Cash Flow
-$4,236/mo
Cash Margin
-77.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
13.2/ 100

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

Comparables

Properties near 505 Glencairn Avenue 406

Time

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Data last updated within the past 24 hours.