500 St Clair Avenue W 402, Toronto C03

$899,000
500 St Clair Avenue W 402

$899,000

New
21d
Condo ApartmentApartment

500 St Clair Avenue W 402, Toronto C03

Total Monthly Obligation $5,176

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
21d
Score
17
Yield
5.5%
Cash on Cash
-5.3%
Cap Rate
3.4%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-C13857534
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,933.81 (2026)
Maintenance-$938.36/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-60 Days
Neighbourhood-Humewood-Cedarvale
Title-Residential Condo & Other

No agent assigned

Rarely Offered Penthouse-Style Oasis in Forest Hill! Feel Right At Home in This Custom-Designed 2-Bedroom, 2-Bathroom Sanctuary by Renowned Celebrity Interior Designer Amanda Forrest. This Bright Sun Filled Suite Offers Over 2,500 Sq Ft of Combined Indoor/Outdoor Living (~905 Sq Ft Interior + Rare Up To 1,600 Sq Ft Private Exclusive Use Southwest Entertainment Terrace).Renovated at Over $100,000, Every Room is Bathed in Natural Light. This Corner Unit Offers Floor-to-Ceiling Windows Across the Living Room & Both Bedrooms. Step Outside to Your Expansive Outdoor Oasis to Enjoy Breathtaking Sunrise & Sunset Views! Direct Terrace Access from the Living Area, 2nd Bedroom, AND Primary Bedroom via a Dedicated Private Walkout Connecting to the Main Terrace. The Dining Area Features a Custom Caesarstone Island with Built-In Cupboards & Seating for 6, Adjacent to a Chef's Kitchen with Granite Countertops & Stainless Steel Appliances.The Primary Suite Boasts Floor-to-Ceiling Windows, Walk-In Closet with Custom Built-Ins, & 3-Piece Ensuite Featuring a Glass Shower, Wraparound Countertop, & Mirrored Cabinet. The Versatile 2nd Bedroom Functions as an Executive Office/Flex Space with Custom Queen Murphy Bed Wall Unit. Complete Peace of Mind with BOTH HVAC Heat Pumps Recently Replaced!Full Building Amenities Include 24-Hour Concierge, Indoor Pool, Sauna, Gym, Guest Suites, Media Room, Party Room, & Visitor Parking. Prime St. Clair West Location Steps to Forest Hill Village With its Boutique Shops, High-end Cafes, Specialty Bakeries, St Clair West Dining & Market District Offering Upscale Grocery Markets, Artisanal Coffee Shops, Fitness Studios, and Local Dining Spots. Cedarvale Park, Wychwood Barns, Sir Winston Churchill Park, & Nordheimer Ravine Trails. Conveniently Located Close to Loblaws, Shoppers Drug Mart and the St. Clair Streetcar Outside the Building with the St. Clair West Subway Minutes Away. Status Certificate Ordered!

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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$5,176/mo
Mortgage $3,626
Monthly Loss $4,222
Principal$954
Interest$2,672
Property Tax$411
Condo Fees$938
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.5%26
10-Year IRR
9.5%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$49,260/yr
NOI
$25,740/yr
Net Cash Flow
-$1,481/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.9/ 100

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

Comparables

Properties near 500 St Clair Avenue W 402

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