1603 Eglinton Avenue W 601, Toronto C03

$438,800
1603 Eglinton Avenue W 601

$438,800

New
3d
Condo ApartmentApartment

1603 Eglinton Avenue W 601, Toronto C03

Total Monthly Obligation $2,696

HausQ Valuation Report
Beds
1
Baths
1
Park
0
Sqft
600-699
DOM
3d
Score
20
Yield
6.1%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-C14099830
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,263.57 (2026)
Maintenance-$537.65/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-ROYAL LEPAGE SECURITY REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-90/tba
Neighbourhood-Oakwood Village
Title-Residential Condo & Other

No agent assigned

Welcome to Empire Midtown, a chic 5-year-old condo residence in the vibrant heart of Eglinton Avenue West. This spacious, pristine 609 sq. ft. unit (per builder's plan) features a well-designed layout with laminate flooring, granite countertops, and an expansive 106 sq. ft. open east-south east exposure balcony offering unobstructed city views. One storage locker is included. Ideally situated directly at the Eglinton Crosstown LRT line and directly acroos street from Eglinton ave w station. TTC right at your doorstep and short walk to Eglinton Ave West Subway Station. Building amenities include a concierge, fitness and yoga studios, a cozy party room with a fireplace, meeting facilities, two guest suites, and an outdoor terrace with BBQs. Located steps from Forest Hill, Allen Road, Hwy 400/401/427/Airport, local parks, schools, places of worship, and a rich selection of boutique shops, dining, and grocery stores.

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

Closing Costs

Mortgage Amount
$351,040
Land Transfer Taxes$5,251
Legal Fees (Est.)
$
Total cash required for closing$94,511

Total Monthly Obligation

$2,696/mo
Mortgage $1,770
Monthly Loss $2,231
Principal$466
Interest$1,304
Property Tax$189
Condo Fees$538
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,628/yr
NOI
$12,850/yr
Net Cash Flow
-$699/mo
Cash Margin
-31.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.8/ 100

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

Comparables

Properties near 1603 Eglinton Avenue W 601

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.