1185 Dupont Street 1402, Toronto W02

$728,000
1185 Dupont Street 1402

$728,000

New
4d
Condo ApartmentApartment

1185 Dupont Street 1402, Toronto W02

Total Monthly Obligation $4,302

Beds
2
Baths
2
Park
0
Sqft
800-899
DOM
4d
Score
16
Yield
5.2%
Cash on Cash
-7.1%
Cap Rate
3.0%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-W14095882
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$7,246.49 (2026)
Maintenance-$561.93/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate
Neighbourhood-Dovercourt-Wallace Emerson-Junction
Title-Residential Condo & Other

No agent assigned

Welcome to Galleria 3! A brand new building offering this never-lived-in corner suite that just closed! This bright, beautifully laid-out 2 bedroom, 2 bathroom unit offers 786 sqft of interior living space plus an 85 sqft private balcony, 871 sqft total. Thoughtfully designed with a split-bedroom floor plan for maximum privacy, this suite is ideal for professionals, couples, or downsizers alike. Enjoy sweeping west, southwest, northwest, and northeast exposures that flood the space with natural light throughout the day and offer stunning, unobstructed views. You can even see Lake Ontario! The chef-inspired kitchen is outfitted with premium KitchenAid and Whirlpool appliances, perfect for everyday living and entertaining. Unwind in the spa-like primary ensuite, a true retreat at the end of the day. This building offers an unmatched amenity package across two dedicated levels. The 3rd floor features a fully equipped gym, yoga room, spin room, spa circuit, co-work stations, workshop space, pet spa, outdoor pet area, outdoor kids' play zone, and a lounge. The 11th floor is designed for relaxation and entertaining, with an outdoor pool, social lounge, BBQ area, private dining room, and a youth hub (16+). Situated within a highly anticipated master-planned community, this location will soon be home to a brand new 8-acre park right outside your door, and brand new commercial/retail space offering incredible long-term value and lifestyle appeal. Don't miss this rare opportunity to own a brand new, spacious, light-filled corner suite at Galleria 3. With a Walk Score of 92, Steps to Geary Ave (iykyk), minutes to The Junction, and everything nearby: transit, daycares, schools, community centre, places of worship, groceries, retail, dining, cafés, shopping, parks, and arts & culture. Property Taxes will be re-assessed in 2027 as this is a NEW BUILD.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$582,400
Land Transfer Taxes$11,035
Legal Fees (Est.)
$
Total cash required for closing$158,135

Total Monthly Obligation

$4,302/mo
Mortgage $2,937
Monthly Loss $3,530
Principal$773
Interest$2,164
Property Tax$604
Condo Fees$562
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,920/yr
NOI
$17,738/yr
Net Cash Flow
-$1,458/mo
Cash Margin
-46.2%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
19.4/ 100

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

Comparables

Properties near 1185 Dupont Street 1402

Time

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Data last updated within the past 24 hours.