159 Dundas Street E 505, Toronto C08

$529,000
159 Dundas Street E 505

$529,000

New
2d
Condo Apartment1 Storey/Apt

159 Dundas Street E 505, Toronto C08

Total Monthly Obligation $3,225

Bed+Den
2+1
Baths
2
Park
0
Sqft
600-699
DOM
2d
Score
18
Yield
5.8%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-C14102226
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 21, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-6-10
Taxes-$3,437.55 (2026)
Maintenance-$605/mo
Locker-None
Parking-Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Concrete
Possession-Flexible
Neighbourhood-Church-Yonge Corridor
Title-Residential Condo & Other

No agent assigned

Big City Energy. Room to Breathe.Who says downtown living has to mean compromising on space? Welcome to Suite 505 at PACE Condos, where approximately 679 square feet are put to very good use. This bright, south-facing 1+1 bedroom suite offers an open-concept living and dining area, floor-to-ceiling windows, modern finishes and a private balcony for your morning coffee or evening wind-down. The real plot twist? A genuinely useful den with a closet that can moonlight as a home office, guest room or whatever life calls for next. Add two full bathrooms (because sharing is overrated), ensuite laundry and a layout that actually makes sense, and you've got yourself a pretty clever little city pad. Beyond your front door, enjoy an outdoor pool, gym, rooftop terrace and 24-hour concierge. With Toronto Metropolitan University, the Eaton Centre, transit, restaurants and the Financial District all within easy reach, the city is yours to explore. More function, less compromise and a whole lot of downtown charm. Occupied by the tenant until November 1.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,225/mo
Mortgage $2,134
Monthly Loss $2,664
Principal$562
Interest$1,572
Property Tax$286
Condo Fees$605
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%24
10-Year IRR
9.3%
Returns Index
13.0/ 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
$30,612/yr
NOI
$14,453/yr
Net Cash Flow
-$929/mo
Cash Margin
-36.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.6/ 100

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

Comparables

Properties near 159 Dundas Street E 505

Time

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