265 Ridley Boulevard 1509, Toronto C04

$749,000
265 Ridley Boulevard 1509

$749,000

New
2d
Condo ApartmentApartment

265 Ridley Boulevard 1509, Toronto C04

Total Monthly Obligation $4,794

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
2d
Score
17
Yield
6.2%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-C14101846
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,637.87 (2026)
Maintenance-$1,269.16/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBD
Neighbourhood-Bedford Park-Nortown
Title-Residential Condo & Other

No agent assigned

Welcome to 265 Ridley Blvd #1509, a beautifully renovated 2-bedroom corner suite offering approximately 1,282 sq. ft. of bright, thoughtfully designed living space in an elegant Tridel building. Flooded with natural light, this split-bedroom layout provides both privacy and functionality, while expansive windows frame spectacular west-facing sunset views from high above the city. Step out onto the private balcony and enjoy a peaceful setting with incredible evening light.The suite has been freshly painted and tastefully updated, with hardwood flooring throughout the principal rooms, spacious living and dining areas, and a renovated interior that feels clean, modern, and move-in ready. Both bedrooms are generously sized, making the layout ideal for professionals, downsizers, guests, or those working from home.Residents enjoy an impressive selection of amenities including 24-hour concierge, renovated guest suites, updated lobby and hallways, party room with kitchen, sauna, hot tub, outdoor pool, gym, and billiards room. Ideally located with easy access to transit, the library, the Cricket Club, Avenue Road shops, dining, and everyday conveniences, this is a rare opportunity to enjoy generous square footage, incredible natural light, and exceptional building amenities in a highly desirable location.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,794/mo
Mortgage $3,021
Monthly Loss $3,999
Principal$795
Interest$2,226
Property Tax$303
Condo Fees$1,269
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$46,788/yr
NOI
$20,841/yr
Net Cash Flow
-$1,284/mo
Cash Margin
-32.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.5/ 100

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

Comparables

Properties near 265 Ridley Boulevard 1509

Time

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