51 Lady Bank Road 602, Toronto W07

$688,000
51 Lady Bank Road 602

$688,000

New
21d
Common Element Condo1 Storey/Apt

51 Lady Bank Road 602, Toronto W07

Total Monthly Obligation $4,176

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
21d
Score
17
Yield
5.5%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Common Element Condo
MLS® Number-W13857006
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Common Element Condo
Age-11-15
Taxes-$3,860 (2026)
Maintenance-$879/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Concrete
Possession-Immediate
Neighbourhood-Stonegate-Queensway
Title-Residential Condo & Other

No agent assigned

A truly exceptional penthouse in a boutique building offering a rare combination of privacy, light, space and unobstructed views. With only two suites on the penthouse floor, the building provides an uncommon level of privacy and exclusivity. The penthouse features extensive north and west-facing views with beautiful sunsets, as well as north-facing views overlooking the surrounding neighbourhood. With no other condominium buildings directly overlooking the property, the views are remarkably open and private. The expansive balcony provides an exceptional outdoor living space, with BBQs permitted and a natural gas hookup, as well as the opportunity to create a private oasis with plants and greenery. Inside, the 10-foot ceilings and windows along almost every exterior wall create an exceptionally bright, calm and airy living environment. The thoughtful split-bedroom layout places each bedroom in its own wing, providing privacy and separation from the main living areas. An entertainer's dream, the open-concept living space features a gas stove, seamless flow to the balcony through patio doors, and a dedicated TV wall, creating the perfect setting for hosting intimate dinners or larger gatherings. This is a rare type of condominium that is increasingly difficult to find. The boutique scale, generous outdoor space, ceiling height, natural light, privacy and unobstructed views combine to create a truly one-of-a-kind penthouse that feels fresh, peaceful and private.

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

Closing Costs

Mortgage Amount
$550,400
Land Transfer Taxes$10,235
Legal Fees (Est.)
$
Total cash required for closing$149,335

Total Monthly Obligation

$4,176/mo
Mortgage $2,775
Monthly Loss $3,446
Principal$730
Interest$2,045
Property Tax$322
Condo Fees$879
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.3%19
10-Year IRR
8.6%
Returns Index
11.0/ 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
$37,800/yr
NOI
$17,212/yr
Net Cash Flow
-$1,341/mo
Cash Margin
-42.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.9/ 100

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

Comparables

Properties near 51 Lady Bank Road 602

Time

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