286 Main Street 421, Toronto E02

$579,000
286 Main Street 421

$579,000

New
21d
Condo ApartmentApartment

286 Main Street 421, Toronto E02

Total Monthly Obligation $3,241

Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
21d
Score
18
Yield
5.1%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-E13855852
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,948.48 (2025)
Maintenance-$459.57/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Concrete Poured
Possession-Immediate
Neighbourhood-East End-Danforth
Title-Residential Condo & Other

No agent assigned

Step into stylish urban living in this 1-bedroom + den condo, where modern design meets practicality. With its west-facing orientation, the space is bathed in warm sunlight during the day and offers a front-row seat to spectacular evening sunsets. This spacious unit, ideal for young professionals or a young family features approximately 650 square feet of interior living space and an adaptable den that can be transformed into anything you need-a quiet office space, a cozy guest nook, or a baby room. Living here means you're at the center of everything. Within a short walk, you'll find multiple transit options, including Main subway station, streetcar stops, and GO Transit hub, making travel seamless across Toronto and the GTA. The location's high Walk Score reflects the abundance of nearby conveniences, from grocery stores and essential services to trendy cafes and local businesses. The neighbourhood blends vibrant energy with a community vibe. Whether you're browsing unique shops or savouring fresh pastries at local bakeries, the nearby Danforth Village and The Beach offer countless options to explore. For outdoor enthusiasts, green spaces like Stephenson Park and scenic waterfront trails are perfect for jogging, cycling, or simply enjoying nature. Farmers' markets, cultural events, and recreation centers further foster a sense of connection and an active lifestyle. In addition to the vibrant surroundings, the building itself offers premium amenities. Stay fit in the fully equipped gym, host get-togethers in the modern party room, or safely store your bike in the expansive storage area. Everything is designed to make your life as comfortable and enjoyable as possible. Don't miss out on this exceptional opportunity to own a condo that perfectly balances style, convenience, and community. Book your viewing today and discover what life could look like on the Danforth!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,241/mo
Mortgage $2,336
Monthly Loss $2,626
Principal$615
Interest$1,721
Property Tax$246
Condo Fees$460
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.0%23
10-Year IRR
9.1%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,640/yr
NOI
$15,813/yr
Net Cash Flow
-$1,018/mo
Cash Margin
-41.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.6/ 100

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

Comparables

Properties near 286 Main Street 421

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.

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Data last updated within the past 24 hours.