24 Southport Street 846, Toronto W01

$499,000
24 Southport Street 846

$499,000

New
3d
Condo ApartmentApartment

24 Southport Street 846, Toronto W01

Total Monthly Obligation $3,458

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
16
Yield
5.8%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-W14101112
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$1,780.16 (2026)
Maintenance-$1,096.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-30/60 Days
Neighbourhood-High Park-Swansea
Title-Residential Condo & Other

No agent assigned

Discover the appeal of penthouse living in this classy & beautifully renovated residence at South Kingsway Village III, a boutique eight-storey community built by renowned Toronto developer Tridel. Offering smooth (non popcorn) ceilings, 667 sq. ft. of living space, a unique and thoughtfully designed layout, one underground parking space and one locker, this exceptional suite features a desirable south/east exposure, filling the home with natural light throughout the day. Completely renovated in 2024 with quality workmanship, the residence features a contemporary kitchen, updated bathroom and new flooring throughout. The result is a stylish, move-in-ready home that combines modern comfort with the convenience and ease of condominium living. Ideally located in Toronto's desirable Swansea/High Park neighbourhood, this well-established community offers an impressive array of amenities and an exceptionally convenient location. Residents enjoy 24-hour security within a gated complex, an indoor swimming pool, fitness center, squash courts, sauna, two games rooms, party room, co-working space with Wi-Fi, guest suites, ample visitor parking and a beautifully landscaped courtyard with a designated barbecue area. The all-inclusive maintenance fee covers all utilities, adding to the convenience and value of this exceptional condominium lifestyle. Location is equally impressive. The 501 streetcar is just steps away, while nearby bus service provides convenient connections to the Bloor subway line. Enjoy easy access to High Park, the Lake Ontario waterfront, Humber River trails and the iconic Cheese Boutique, along with virtually immediate access to major highways for commuters. This is a wonderful opportunity to enjoy a relaxed, amenity-rich lifestyle in one of Toronto's most desirable west-end neighbourhoods - close to nature, transportation, shopping and some of the city's best recreational destinations.

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(utilities, internet...)
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%
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Closing Costs

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

Total Monthly Obligation

$3,458/mo
Mortgage $2,013
Monthly Loss $2,928
Principal$530
Interest$1,483
Property Tax$148
Condo Fees$1,097
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.8%10
10-Year IRR
6.9%
Returns Index
6.4/ 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
$29,100/yr
NOI
$8,850/yr
Net Cash Flow
-$1,275/mo
Cash Margin
-52.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.3/ 100

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

Comparables

Properties near 24 Southport Street 846

Time

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