360 Ridelle Avenue 1607, Toronto W04

$675,000
360 Ridelle Avenue 1607

$675,000

New
25d
Condo ApartmentApartment

360 Ridelle Avenue 1607, Toronto W04

Total Monthly Obligation $4,289

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
25d
Score
17
Yield
5.8%
Cash on Cash
-6.8%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Condo Apartment
MLS® Number-W13833744
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,463.07 (2026)
Maintenance-$1,161.18/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Briar Hill-Belgravia
Title-Residential Condo & Other

No agent assigned

Rarely Offered 3-Bedroom, 2-Bathroom Suite at 360 Ridelle Avenue! With only approximately 12% of the building's units offering three bedrooms, this beautifully renovated residence presents a unique opportunity to enjoy exceptional space, modern style, and outstanding value. Renovated from top to bottom, the suite features a fresh, contemporary aesthetic paired with a thoughtfully designed layout ideal for comfortable everyday living and entertaining. Three well-appointed bedrooms offer incredible flexibility for families, guests, or a dedicated home office, while two bathrooms add convenience for busy households.Enjoy the added value of an inclusive maintenance fee covering heat, hydro, water, Rogers Xfinity VIP cable television, and high-speed internet. Residents also enjoy an impressive selection of amenities, including a rooftop sundeck, swimming pool, sauna, library, and gym. Conveniently located in a well-established Toronto community with direct TTC access, this move-in-ready home combines generous living space, extensive updates, everyday convenience, and exceptional included services. Simply unpack and enjoy!

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

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$4,289/mo
Mortgage $2,723
Monthly Loss $3,573
Principal$716
Interest$2,006
Property Tax$205
Condo Fees$1,161
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
7.1%19
10-Year IRR
8.6%
Returns Index
10.6/ 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
$39,192/yr
NOI
$16,476/yr
Net Cash Flow
-$1,350/mo
Cash Margin
-41.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.5/ 100

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

Comparables

Properties near 360 Ridelle Avenue 1607

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.