10 Mendelssohn Street 413, Toronto E04

$409,900
10 Mendelssohn Street 413

$409,900

New
3d
Condo ApartmentApartment

10 Mendelssohn Street 413, Toronto E04

Total Monthly Obligation $2,539

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
21
Yield
6.5%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-E14100646
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,087.08 (2026)
Maintenance-$512.02/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-Johnston & Daniel
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Clairlea-Birchmount
Title-Residential Condo & Other

No agent assigned

Welcome to this light-filled and beautifully renovated 621 sq. ft. 1-bedroom suite, offering an exceptionally spacious and well-designed layout in this sought-after low-rise community, just steps from Warden Subway Station, parks and the Warden Hilltop Community Centre. Move-in ready, the suite features an expansive open-concept living and dining area with plenty of room to entertain, including space to comfortably seat 6-8 guests for dinner. Walk out to the private covered balcony, the perfect spot to enjoy a morning coffee or a glass of wine at the end of the day. The modern white kitchen is open to the living and dining areas and offers stone countertops, full-size stainless steel appliances, generous prep and storage space, and a large pantry cupboard with French doors, which could easily be converted back to a hall closet if desired. With its size, storage and open layout, this is a kitchen that truly works for everyday living and entertaining. Updated flooring completes the fresh, contemporary feel in the suite. The renovated spa-inspired bathroom offers plenty of storage, while the oversized bedroom is another standout. Large enough to accommodate a California king-size bed with room to spare, there is also space for a substantial wardrobe in addition to the existing closet. For a 1-bedroom condo, this suite feels remarkably generous. The laundry room also offers a tremendous amount of additional storage. One parking space and one locker are included. Ideally located just steps from Warden Subway Station, the Warden Hilltop Community Centre, with Warden Woods trails, St Clair Ravine Park, schools, restaurants and Golden Mile shopping all nearby. Quick access to the DVP makes commuting downtown easy, while the area's expanding transit network adds even greater connectivity. Ask L.A. about availability of second parking space. Ask LA for photos of parking space and locker. Ask LA for very good condo inspection and status certificate.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$327,920
Land Transfer Taxes$4,673
Legal Fees (Est.)
$
Total cash required for closing$88,153

Total Monthly Obligation

$2,539/mo
Mortgage $1,653
Monthly Loss $2,104
Principal$435
Interest$1,218
Property Tax$174
Condo Fees$512
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.9%35
10-Year IRR
10.7%
Returns Index
18.5/ 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
$26,532/yr
NOI
$13,247/yr
Net Cash Flow
-$549/mo
Cash Margin
-24.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.7/ 100

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

Comparables

Properties near 10 Mendelssohn Street 413

Time

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