505 Glencairn Avenue 409, Toronto C04

$2,795,900
505 Glencairn Avenue 409

$2,795,900

New
10d
Condo ApartmentApartment

505 Glencairn Avenue 409, Toronto C04

Total Monthly Obligation $13,077

Beds
2
Baths
2
Park
1
Sqft
1600-1799
DOM
10d
Score
14
Yield
2.7%
Cash on Cash
-12.6%
Cap Rate
1.9%
5Y IRR
5.7%
10Y IRR
7.0%
Property Type-Condo Apartment
MLS® Number-C14033006
Beds-2
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Oct 13, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$1,599.26/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Englemount-Lawrence
Title-Residential Condo & Other

No agent assigned

Welcome to Refined Living at Glenhill Condominiums, an intimate collection of finely crafted residences in the heart of Toronto's Bathurst & Glencairn community. This thoughtfully designed 2 Bedroom suite spans 1,798 sq ft and features a split-bedroom layout for enhanced privacy, an open-concept living and dining area for connection, with additional Sitting Area. Step on to your south east-facing wrap around Terrace with unobstructed sunny south east views, the perfect setting to enjoy a coffee or a quiet gathering. Special Upgrade Package includes: Miele appliances, stone countertops and backsplash, upgraded kitchen cabinetry and bathroom vanity heights, pot lights throughout, wide-plank engineered hardwood floors. Residents enjoy access to Glenhill's wellness inspired amenities: indoor and outdoor pools, fitness and spa facilities, private dining and lounge spaces, concierge service, and beautifully landscaped surroundings. The onsite Glenhill Hotel and event space offers unparalleled hospitality. The location combines convenience and community, steps from shops, restaurants, schools, parks, and the Glencairn subway, with Yorkdale Mall, Highway 401, and the Allen Rd. moments away.

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

Closing Costs

Mortgage Amount
$2,236,720
Land Transfer Taxes$56,373
Legal Fees (Est.)
$
Total cash required for closing$617,053

Total Monthly Obligation

$13,077/mo
Mortgage $11,278
Monthly Loss $10,109
Principal$2,968
Interest$8,310
Condo Fees$1,599
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
3.8%8
10-Year IRR
5.8%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$74,256/yr
NOI
$45,239/yr
Net Cash Flow
-$7,508/mo
Cash Margin
-121.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.333
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.6/ 100

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

Comparables

Properties near 505 Glencairn Avenue 409

Time

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