1589 St. Bernard Street 502, Blossom Park - Airport and Area

$279,900
1589 St. Bernard Street 502

$279,900

Extension
80d
Condo Apartment2-Storey

1589 St. Bernard Street 502, Blossom Park - Airport and Area

Total Monthly Obligation $2,068

Bed+Den
2+2
Baths
2
Park
1
Sqft
900-999
DOM
80d
Score
61
Yield
12.3%
Cash on Cash
18.4%
Cap Rate
8.5%
5Y IRR
30.6%
10Y IRR
27.5%
Property Type-Condo Apartment
MLS® Number-X13635070
Bed+Den-2+2
Bathrooms-2
Size-900-999 sqft
Listed on site-Aug 4, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,257.59 (2026)
Maintenance-$551.25/mo
Locker-None
Parking-1 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-Other
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-2607 - Sawmill Creek/Timbermill
Title-Residential Condo & Other

No agent assigned

MOTIVATED SELLER - BRING AN OFFER | SELLER IS OFFERING TO PRE-PAY 6 MONTHS CONDO FEES! | Tucked away in a convenient, small & quiet enclave just off of Bank St, you will find the 1589 St Bernard St condominium complex. As you step into Unit #502, you will note the spacious open concept layout that has been updated throughout with tasteful choices. The living room is cozy, with a former wood fireplace that could accommodate a new insert of your choice. The dining room overlooks a large balcony through the wide patio doors that offer great western exposure. The kitchen overlooks the living space with a convenient breakfast bar, plenty of counter space & updated stainless steel appliances. Through the folding doors, you will find a large pantry with plenty of space to hang your pots & pans, as well as offers a practical stacked laundry set. To complete this level, there is a powder room. Down to the lower level, you will find two well sized bedrooms with large, bright windows. The primary bedroom offers a fantastic, deep walk in closet. Both bedrooms have access to a spacious full bathroom. Finally, a practical separate den offer flexibility for gym equipment, a work from home station or simply extra storage in addition to the under-stair storage space | This condo is located within walking distance to both French & English schools, Sawmill Community Centre, a large park, groceries, public transportation & more | Status certificate has been ordered & can be provided upon request after showings | Flexible possession | This property has been measured electronically and may not account for jogs | Some photos have been virtually staged.

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

Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$2,068/mo
Mortgage $1,129
Monthly Loss $1,771
Principal$297
Interest$832
Property Tax$188
Condo Fees$551
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
7.0%63
Cash-on-Cash
10.2%51
5-Year IRR
24.4%98
10-Year IRR
22.8%
Returns Index
72.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
61/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,404/yr
NOI
$19,691/yr
Net Cash Flow
$512/mo
Cash Margin
17.9%64
Cash Flow Index
63.9/ 100
Risk Profile
Weight: 20%
DSCR
1.4569
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
54.9/ 100

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

Comparables

Properties near 1589 St. Bernard Street 502

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.