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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 385,000

Est. payment | -/mo

1 Bed

1 Bath

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$ 385,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

Key Details

Property Type Condo

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 500-599

Municipality Toronto C08

Subdivision Church-Yonge Corridor

MLS Listing ID C13027858

Style Apartment

Bedrooms 1

HOA Fees $343

Annual Tax Amount $2,036

Tax Year 2025

Property Sub-Type Condo Apartment

Property Description

Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Separate Hydro Meter

Cooling Central Air

Inclusions Stainless Steel Appliances (Refrigerator, Rangehood Microwave, Stove, Dishwasher), washer/dryer combo unit, All window coverings.

Laundry Ensuite

Exterior

Parking Features None

Exposure West

Balcony None

Building

Building Age 16-30

Locker Owned

Others

Senior Community No

Security Features Security System

Pets Allowed Yes-with Restrictions

ParcelsYN No

Virtual Tour https://tours.scorchmedia.ca/412-jarvis-street-toronto-on-m4y-2h3?branded=0

Listed by RE/MAX PROFESSIONALS INC.

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412 Jarvis ST #105 Toronto C08, ON M4Y 2G6