400 Adelaide Street E 512, Toronto C08

$574,900
400 Adelaide Street E 512

$574,900

New
10d
Condo ApartmentApartment

400 Adelaide Street E 512, Toronto C08

Total Monthly Obligation $3,226

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
10d
Score
19
Yield
5.5%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-C14084000
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 13, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,835.37 (2025)
Maintenance-$470.53/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RARE REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Stone
Roof-Unknown
Foundation-Concrete
Possession-Immediate
Neighbourhood-Moss Park
Title-Residential Condo & Other

No agent assigned

OPEN HOUSE BY APPOINTMENT ONLY!! CALL 647-333-9398 FOR ACCESS. SUNDAY, OCTOBER 25 - 2:00pm to 4:00pm. Most downtown one-bedrooms feel like narrow, single-exposure tunnels-Suite 512 is the rare exception. As a corner suite, it brings in dual exposures and cross-light throughout the day. The open living area anchors the northwest corner, wrapped in expansive windows with sliding glass doors opening to an oversized, tiled west-facing terrace made for golden-hour sun and outdoor dining. The kitchen offers real-life utility with full-sized stainless appliances, granite counters, and room to actually cook. Tucked away on the north side, the primary bedroom enjoys a quiet, private view through floor-to-ceiling windows and features a generous walk-in closet with built-in organizers. To top it off, you get rare downtown peace of mind with both an owned underground parking space and a dedicated storage locker. Ivory on Adelaide was built by Plaza with a reputation for solid construction and smart, livable floor plans. Daily life here is low-friction: a 24-hour concierge team to manage packages, a fully equipped fitness centre that cancels your gym commute, a stylish party room for hosting friends, and a rooftop terrace with BBQs when you want to grill with a skyline backdrop. Living on the east side offers a genuine neighbourhood feel you won't find in the concrete core. Saturday mornings start with fresh bread and produce at St. Lawrence Market; evenings are for dinner and craft drinks in the Distillery District or exploring King East's cafe scene. Commuting is effortless with King and Queen streetcars steps from the lobby, King Subway Station just one kilometre away, and the Financial District and George Brown within easy walking distance.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$459,920
Land Transfer Taxes$7,973
Legal Fees (Est.)
$
Total cash required for closing$124,453

Total Monthly Obligation

$3,226/mo
Mortgage $2,319
Monthly Loss $2,616
Principal$610
Interest$1,709
Property Tax$236
Condo Fees$471
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$31,560/yr
NOI
$17,522/yr
Net Cash Flow
-$859/mo
Cash Margin
-32.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
25.2/ 100

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

Comparables

Properties near 400 Adelaide Street E 512

Time

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Data last updated within the past 24 hours.