650 Mount Pleasant Road 504, Toronto C10

$539,900
650 Mount Pleasant Road 504

$539,900

New
23d
Condo ApartmentApartment

650 Mount Pleasant Road 504, Toronto C10

Total Monthly Obligation $3,579

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
23d
Score
16
Yield
5.6%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-C13842692
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,238 (2026)
Maintenance-$931.01/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Stucco (Plaster)
Possession-30/TBA
Neighbourhood-Mount Pleasant West
Title-Residential Condo & Other

No agent assigned

Bright and inviting suite at the beloved, community-oriented Chateau Royal in the heart of midtown! Rarely offered corner suite 1 bedroom unit at this distinctive Art Deco condo that is located in one of the most vibrant and walkable locations in the city. Step outside to wonderful restaurants, cafes, and local shops, all located within walking distance on Mt Pleasant, Yonge St and Bayview Ave. Convenient access to transit (Eglinton LRT and Yonge line).Thoughtfully designed floor plan features an open-concept kitchen that flows seamlessly into the dining and living areas to create a bright comfortable setting for everyday living. Kitchen features stainless steel built-in appliances, granite counters. Private balcony offers a peaceful place to enjoy an evening or unwind at the end of the day, with no neighbouring balcony on either side of you. The well-proportioned bedroom offers ample space and storage. Hardwood flooring throughout. In-suite laundry and a practical layout support a lifestyle that feels simple and easy to maintain. Wonderfully managed building with, 24 hour concierge, a welcoming lobby, and amenities that include a party room, gym, guest suite and an expansive rooftop balcony with outstanding views of the city. Owned parking spot and locker included. Maintenance fees include heat, water, and internet.

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

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$3,579/mo
Mortgage $2,178
Monthly Loss $3,006
Principal$573
Interest$1,605
Property Tax$270
Condo Fees$931
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.2%12
10-Year IRR
7.2%
Returns Index
7.1/ 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
$30,108/yr
NOI
$10,287/yr
Net Cash Flow
-$1,321/mo
Cash Margin
-52.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
21.8/ 100

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

Comparables

Properties near 650 Mount Pleasant Road 504

Time

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