805 CARLING Avenue 2801, Dows Lake - Civic Hospital and Area

$439,900
805 CARLING Avenue 2801

$439,900

New
7d
Condo ApartmentApartment

805 CARLING Avenue 2801, Dows Lake - Civic Hospital and Area

Total Monthly Obligation $2,803

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
19
Yield
6.3%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-X14091628
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,626 (2025)
Maintenance-$443.09/mo
Locker-None
Parking-1 - Underground
Basement-None, None
Heating-Forced Air (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-TBA
Neighbourhood-4502 - West Centre Town
Title-Residential Condo & Other

No agent assigned

Experience elevated urban living in this exceptional Redford model corner suite at the iconic Claridge Icon. Perched high above the city, this 1 bedroom, 1-bath residence offers two spectacular exposures with sweeping skyline and sunset views. Best of all, these views are permanently unobstructed-a rare and increasingly valuable advantage as neighbouring high-rise development threatens the views from other suites in the building. Inside, 9-foot ceilings and dramatic floor-to-ceiling windows flood the open-concept living space with natural light. The contemporary kitchen features quartz countertops, a stylish backsplash and stainless steel appliances, flowing seamlessly into the living and dining areas. Ideally located at the crossroads of Little Italy and Dow's Lake, the Icon delivers an exceptional urban lifestyle with 24/7 concierge service, indoor pool, fitness centre, sauna, yoga studio, party room, theatre room and outdoor barbecue terraces. Parking and storage locker included. An exceptional high-floor corner residence combining sophisticated design, an unbeatable location and views that are here to stay.

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,803/mo
Mortgage $1,774
Monthly Loss $2,336
Principal$467
Interest$1,307
Property Tax$386
Condo Fees$443
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,564/yr
NOI
$12,465/yr
Net Cash Flow
-$736/mo
Cash Margin
-32.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
27.8/ 100

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

Comparables

Properties near 805 CARLING Avenue 2801

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.