500 Richmond Street W 315, Toronto C01

$960,000
500 Richmond Street W 315

$960,000

New
4d
Condo Apartment2-Storey

500 Richmond Street W 315, Toronto C01

Total Monthly Obligation $5,387

Bed+Den
2+1
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
18
Yield
5.5%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-C14094998
Bed+Den-2+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$4,373.17 (2025)
Maintenance-$950.51/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK BIBBY GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-60-90 Days
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

This exceptionally designed, 1144 square foot, one-bedroom plus den, two-bathroom masterpiece in Cityscape Terrace reflects superior craftsmanship and attention to detail over two immaculate floors. Featuring a unique, customized layout with an abundant interior and exterior space, the entertainer's main floor showcases a tranquil and bright living & dining room which seamlessly integrates into an expansive west-facing private terrace oasis overlooking picturesque Augusta Street. The contemporary kitchen is a chef's dream and features stainless steel appliance, ample preparation space and storage throughout. The private upper level features a large primary bedroom retreat and is a full-floor sanctuary equipped with a fully updated, modern three-fixture spa-like bathroom and an expansive den area equipped with custom millwork which can be arranged as family room, home office or entertainment center.**Suite was originally configured as a 2 Bedroom** **EXTRAS** World Class Location! Easy Access To Queen & King West Shopping, Cafes & Galleries, Kensington Market, Financial & Entertainment Districts, Ace Hotel, Waterworks Food Hall, St. Andrews Park & Martin Goodman Trail. Steps To Public Transit.

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

Closing Costs

Mortgage Amount
$768,000
Land Transfer Taxes$15,675
Legal Fees (Est.)
$
Total cash required for closing$209,175

Total Monthly Obligation

$5,387/mo
Mortgage $3,872
Monthly Loss $4,368
Principal$1,019
Interest$2,853
Property Tax$364
Condo Fees$951
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.2/ 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
$52,800/yr
NOI
$29,341/yr
Net Cash Flow
-$1,427/mo
Cash Margin
-32.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
17.8/ 100

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

Comparables

Properties near 500 Richmond Street W 315

Time

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