265 Ridley Boulevard 1605, Toronto C04

$949,000
265 Ridley Boulevard 1605

$949,000

New
3d
Condo ApartmentApartment

265 Ridley Boulevard 1605, Toronto C04

Total Monthly Obligation $5,934

Bed+Den
3+1
Baths
2
Park
2
Sqft
1400-1599
DOM
3d
Score
15
Yield
5.2%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-C14098076
Bed+Den-3+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,547 (2025)
Maintenance-$1,527.33/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ULTIMATE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30-60 Days TBA
Neighbourhood-Bedford Park-Nortown
Title-Residential Condo & Other

No agent assigned

Welcome to this beautiful south-facing suite at the prestigious Residences of Ridley Boulevard! Offering over 1,500 sq. ft. of sun-filled, refined living space, this exceptional home showcases unobstructed southern views of the Toronto skyline. Thoughtfully designed for both elegant entertaining and comfortable everyday living, the spacious layout features generous principal rooms, two well-proportioned bedrooms, a versatile den ideal for a home office, and two full baths. The updated, eat-in kitchen boasts granite countertops and a walkout to a south facing balcony. The spacious primary retreat features a well-appointed five-piece ensuite bath and a large walk-in closet. The second bedroom offers a walk-in closet and custom built-ins, including a Murphy bed, desk and cabinetry. Additional highlights include hardwood floors, crown mouldings, California shutters, two side-by-side parking spaces and a storage locker. Enjoy first-class amenities, including 24-hour concierge service, guest suites, outdoor pool, fitness centre, sauna, party room, and billiards room. Beautifully maintained grounds and a well-managed building further enhance the appeal of this desirable suite. Ideally located just a short stroll to the shops, restaurants and boutiques along Avenue Road, with convenient access to Highway 401 and a short bus ride to the subway. This elegant, spacious and beautifully appointed suite offers an exceptional combination of comfort, convenience and sophisticated condominium living!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$5,934/mo
Mortgage $3,828
Monthly Loss $4,927
Principal$1,007
Interest$2,821
Property Tax$379
Condo Fees$1,527
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.5%12
10-Year IRR
7.3%
Returns Index
7.5/ 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
$49,188/yr
NOI
$18,994/yr
Net Cash Flow
-$2,245/mo
Cash Margin
-54.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.6/ 100

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

Comparables

Properties near 265 Ridley Boulevard 1605

Time

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Data last updated within the past 24 hours.