38 Cameron Street 524, Toronto C01

$584,900
38 Cameron Street 524

$584,900

New
23d
Condo ApartmentApartment

38 Cameron Street 524, Toronto C01

Total Monthly Obligation $3,402

Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
23d
Score
18
Yield
5.4%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-C13847232
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,107.6 (2026)
Maintenance-$583.25/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Other
Possession-30 DAYS/TBD
Neighbourhood-Kensington-Chinatown
Title-Residential Condo & Other

No agent assigned

If you're going to live downtown, you may as well actually live downtown. This west-facing 1+den, 2-bathroom suite at Queen and Spadina puts you right in the middle of everything, with a great layout to come home to when you've had enough of everything. Inside, you've got custom blinds, a sleek kitchen with built-in appliances, a large primary bedroom with its own en-suite and walk-in closet, plus a den that is actually big enough to be useful. Home office, guest space, extra TV room, whatever works. The building has all the stuff you want without having to leave home: gym, party room, rooftop deck, concierge and visitor parking. And the location is ridiculous. Some of the best restaurants, bars and nightlife in the city are right outside your door. The Horseshoe Tavern is down the street, the Cameron House is around the corner, and Queen West, Kensington Market, Chinatown and King West are all close by. Basically, if you like having great food, live music, drinks and half of downtown Toronto within walking distance, you're going to be pretty happy here.

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

Closing Costs

Mortgage Amount
$467,920
Land Transfer Taxes$8,173
Legal Fees (Est.)
$
Total cash required for closing$126,653

Total Monthly Obligation

$3,402/mo
Mortgage $2,359
Monthly Loss $2,781
Principal$621
Interest$1,738
Property Tax$259
Condo Fees$583
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
9.1%
Returns Index
12.7/ 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
$31,476/yr
NOI
$15,822/yr
Net Cash Flow
-$1,041/mo
Cash Margin
-39.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.6/ 100

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

Comparables

Properties near 38 Cameron Street 524

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.