1403 Royal York Road 603, Toronto W09

$630,000
1403 Royal York Road 603

$630,000

New
16d
Condo ApartmentApartment

1403 Royal York Road 603, Toronto W09

Total Monthly Obligation $3,835

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
16d
Score
18
Yield
5.8%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.2%
Property Type-Condo Apartment
MLS® Number-W13870386
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,969.49 (2026)
Maintenance-$846.78/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBD
Neighbourhood-Humber Heights
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 603 at 1403 Royal York Rd, in the coveted Royal York Grand! This bright and spacious 2-bedroom plus den suite offers nearly 1,000 sq. ft. of living space, two full bathrooms and unobstructed south-facing views. The versatile den provides space for a home office, study or reading nook. Updated appliances include a refrigerator and microwave (2026), dishwasher (2025), and washer and dryer (2024). Enjoy building amenities including a fitness centre, party room, billiards room, guest suites, meeting room, concierge service and visitor parking. This suite includes parking and a locker. Enjoy the convenience of a dedicated EV charger installed at your parking space, a practical feature for electric vehicle and plug-in hybrid owners, with convenient charging right at home. Combines everyday comfort with convenient access to major highways, Pearson Airport, schools, shopping, and transit. The property is located near the future underground Royal York-Eglinton Station (Eglinton Crosstown West Extension Line 5).

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$504,000
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,835/mo
Mortgage $2,541
Monthly Loss $3,167
Principal$669
Interest$1,873
Property Tax$247
Condo Fees$847
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.9%1
5-Year IRR
8.0%23
10-Year IRR
9.2%
Returns Index
12.9/ 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
$36,264/yr
NOI
$17,107/yr
Net Cash Flow
-$1,116/mo
Cash Margin
-36.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.5/ 100

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

Comparables

Properties near 1403 Royal York Road 603

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.