4K Spadina Avenue 1006, Toronto C01

$549,900
4K Spadina Avenue 1006

$549,900

New
6d
Condo ApartmentApartment

4K Spadina Avenue 1006, Toronto C01

Total Monthly Obligation $3,189

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
6d
Score
18
Yield
5.1%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-C14090238
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,539.8 (2026)
Maintenance-$558.81/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROMPTON REAL ESTATE SERVICES CORP.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-Imm
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Step into this tastefully and newly renovated 1-bedroom plus den suite in the heart of Downtown Toronto. Boasting a highly functional 585 sqft. layout, this stylish unit features a bright, open-concept living space framed by floor-to-ceiling windows that flood both the living room and bedroom with natural light. The brand-new, modern kitchen is fully equipped with pristine stainless steel appliances, while the versatile den provides the perfect dedicated footprint for a work-from-home setup. Retreat to the spacious bedroom, complete with a massive closet featuring built-in organizers, and unwind in the sleek, spa-like bathroom. A large private balcony seamlessly extends your living space outdoors. Unbeatable convenience awaits with a Sobeys grocery store located directly within the building. Enjoy a highly walkable lifestyle just steps from Union Station, the Financial District, and vibrant Queen St. West, with 1-minute access to the Gardiner Expressway for seamless commuting. Walk to Rogers Centre for a Blue Jays game or Harbourfront to enjoy the lake. Ideal for first time buyers and young professionals.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$3,189/mo
Mortgage $2,218
Monthly Loss $2,605
Principal$584
Interest$1,634
Property Tax$212
Condo Fees$559
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.7/ 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
$28,116/yr
NOI
$13,659/yr
Net Cash Flow
-$1,080/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.6/ 100

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

Comparables

Properties near 4K Spadina Avenue 1006

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.