5 Michael Power Place 505, Toronto W08

$435,000
5 Michael Power Place 505

$435,000

New
7d
Condo ApartmentApartment

5 Michael Power Place 505, Toronto W08

Total Monthly Obligation $2,748

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
7d
Score
18
Yield
5.7%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-W14086456
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,412.12 (2026)
Maintenance-$591.91/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LEADING EDGE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60/90/Days
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Excellent location! This 1Br condo is located at a very convenient location , close to 2 subway stations at a walking distance. Close to all amenities, grocery stores , shopping schools , parks. well maintained building with a magnificent entrance hallway and 24hrs concierge .

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

Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,748/mo
Mortgage $1,755
Monthly Loss $2,286
Principal$462
Interest$1,293
Property Tax$201
Condo Fees$592
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.8%18
10-Year IRR
8.4%
Returns Index
10.0/ 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
$24,696/yr
NOI
$10,311/yr
Net Cash Flow
-$895/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
27.6/ 100

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

Comparables

Properties near 5 Michael Power Place 505

Time

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Data last updated within the past 24 hours.