240 Scarlett Road 1612, Toronto W03

$799,000
240 Scarlett Road 1612

$799,000

New
2d
Condo ApartmentApartment

240 Scarlett Road 1612, Toronto W03

Total Monthly Obligation $4,593

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
2d
Score
16
Yield
5.1%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-W14103894
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,455.39 (2026)
Maintenance-$965/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Other)
Brokerage-FREEMAN REAL ESTATE LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-in 2027 TBD
Neighbourhood-Rockcliffe-Smythe
Title-Residential Condo & Other

No agent assigned

Elevated Living at Lambton Square - A View Above the Rest. Perched on the 16th floor, this reimagined two-bedroom, two-bathroom suite at Lambton Square offers more than just a home; it offers a lifestyle. Wake up to sweeping, unobstructed panoramas of the Humber River valley and the Lambton Golf & Country Club, framed perfectly by wall-to-wall, floor-to-ceiling windows. The interior is a masterclass in modern comfort. Fully renovated in 2024, the chef-inspired kitchen features warm grey cabinetry, stone counters, and a seamless pass-through that keeps your living space open and inviting. The primary suite is your private sanctuary, complete with custom built-ins, motorized window coverings (with solar and blackout shades), and a luxurious three-piece ensuite. With a designer laundry room, a spacious second bedroom, and thoughtful custom finishes throughout, every square foot feels intentional and refined. The condo maintenance fee includes so much, including free Internet, cable TV and Crave tv. Step onto your private balcony and experience sunsets that turn the sky into a nightly show. Combining the vibrancy of The Junction and Bloor West Village with the serenity of river trails and parkland, this is where convenience meets calm. Work on your Golf game at the course literally at your doorstep. No commute to a park or to a view; living here, you make it your daily reality in comfort and style.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,593/mo
Mortgage $3,223
Monthly Loss $3,744
Principal$848
Interest$2,375
Property Tax$205
Condo Fees$965
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.3%20
10-Year IRR
8.6%
Returns Index
11.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,632/yr
NOI
$20,133/yr
Net Cash Flow
-$1,545/mo
Cash Margin
-45.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.7/ 100

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

Comparables

Properties near 240 Scarlett Road 1612

Time

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