360 Ridelle Ave Avenue 2301, Toronto W04

$499,000
360 Ridelle Ave Avenue 2301

$499,000

New
15d
Condo ApartmentApartment

360 Ridelle Ave Avenue 2301, Toronto W04

Total Monthly Obligation $3,352

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
15d
Score
26
Yield
8.7%
Cash on Cash
4.7%
Cap Rate
5.6%
5Y IRR
19.3%
10Y IRR
17.7%
Property Type-Condo Apartment
MLS® Number-W13880200
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,179.17 (2026)
Maintenance-$957.5/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY SW REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Possession-TBD
Neighbourhood-Briar Hill-Belgravia
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 2301 at 360 Ridelle Avenue, a spacious and gracious two-bedroom, one-bathroom condominium offering comfort, convenience, and exceptional connectivity in a well-established Toronto neighbourhood. This suite has been thoroughly refreshed with a modern open concept kitchen, with premium quartz counters and a large kitchen island, accented by stainless steel appliances. Modern solar blinds open to reveal a stunning west-facing exposure, perfect for catching sunsets on the large balcony! Generous room sizes, including a large Primary bedroom with full walk-in closet offer unbeatable value and the opportunity to right-size your living space to meet your needs. One of the standout features of this residence is the comprehensive maintenance fee, which includes heat, hydro, water, Rogers Xfinity VIP cable television, and high-speed 1 Gbps internet. Enjoy the convenience of having these everyday essentials covered in one monthly fee. Residents also have access to beautifully updated amenities, including a private health club on the Top Floor featuring an indoor swimming pool, sauna, roof top terrace, and fitness facilities. A conveniently located main-floor laundry room features newly installed machines, while one parking space and one storage locker provide additional practicality. The location is equally impressive! Glencairn Subway Station is approximately a five-minute walk away, with easy access to the station's south entrance via Benner Street. Allen Road is just minutes away, offering convenient connections to Highway 401 and destinations throughout the GTA. Everyday essentials are close at hand, with Sobeys less than a block away, along with neighbourhood shops, restaurants, and services. Families will appreciate nearby schools, including West Preparatory Junior Public School, daycare facilities, and French immersion options in the surrounding community. Must be seen to be appreciated - your search for your new home has finally paid off!

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,352/mo
Mortgage $2,013
Monthly Loss $2,822
Principal$530
Interest$1,483
Property Tax$182
Condo Fees$958
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.0%6
5-Year IRR
15.2%72
10-Year IRR
14.9%
Returns Index
37.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$43,464/yr
NOI
$23,048/yr
Net Cash Flow
-$92/mo
Cash Margin
-2.5%3
Cash Flow Index
2.9/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
29.4/ 100

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

Comparables

Properties near 360 Ridelle Ave Avenue 2301

Time

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Data last updated within the past 24 hours.