4K Spadina Avenue 1512, Toronto C01

$599,000
4K Spadina Avenue 1512

$599,000

New
4d
Condo ApartmentApartment

4K Spadina Avenue 1512, Toronto C01

Total Monthly Obligation $3,456

Beds
2
Baths
2
Park
0
Sqft
700-799
DOM
4d
Score
21
Yield
6.4%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-C14094714
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,854.4 (2026)
Maintenance-$602.23/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE HEARTS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome To 4K Spadina Ave. Unit# 1512 - Neo Cityplace Condo! Discover The Perfect Blend Of Comfort, Style, And Convenience In This Fantastic 2-Bedroom, 2-Full-Bath. Featuring An Open-Concept Layout With A Seamless Flow, This Inviting Unit Offers Everything You Need For Modern Downtown Living. Enjoy A Newly Updated Kitchen Cabinet Doors, Pot Lights In The Primary Bdrm, Laminate Flooring In Both Bdrms, And Fresh Paint Throughout Giving The Space A Clean, Modern Feel That's Ready For You To Move In And Enjoy! Resort-Style Amenities At Your Doorstep! Indulge In An Impressive Array Of Amenities Including; Huge Indoor Pool, Hot Tub, Fully Equipped Gym, Elegant Party Room, Rooftop Deck With Bbqs, Rock-Climbing Wall, Billiards/Game Room, Mini Theatre, Karaoke Room, TV Lounge And 24/7 Concierge Service. Unbeatable Downtown Location! With Restaurants, Shops, And Grocery Stores Conveniently Located Downstairs, Everything You Need Is Just Steps Away. Take A Short Walk To The Rogers Centre, CN Tower, And Ripley's Aquarium, Or Stroll Down To Queens Quay To Enjoy The Waterfront, Lakeside Activities And Scenic Surroundings. Commuting Is A Breeze With Easy Access To Downtown Destinations And Gardiner Expressway, Making This An Ideal Home For Professionals, Couples, Small Families, Or Anyone Looking To Experience The Best Of Downtown Living. Don't Miss This Incredible Opportunity To Own A Piece Of Vibrant Cityplace Living! Your Downtown Lifestyle Awaits!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,456/mo
Mortgage $2,416
Monthly Loss $2,820
Principal$636
Interest$1,780
Property Tax$238
Condo Fees$602
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.4%46
10-Year IRR
11.8%
Returns Index
23.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$38,232/yr
NOI
$21,928/yr
Net Cash Flow
-$589/mo
Cash Margin
-18.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
25.3/ 100

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

Comparables

Properties near 4K Spadina Avenue 1512

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.