
512- 1005 King Street, Toronto C01
Toronto C01
$635,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
11
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Beautifully renovated and move-in ready, this bright, north-facing 1-bedroom + den suite at DNA2 combines modern finishes with a functional layout in a prime King West location. Wide-plank laminate flooring runs throughout, adding warmth while enhancing the suite's clean, contemporary aesthetic. Modern light fixtures, exposed concrete ceilings, and floor-to-ceiling windows complete the stylish urban design. The custom kitchen anchors the space with quartz countertops, a full-height quartz back splash, stainless steel appliances, and a waterfall peninsula that doubles as a breakfast bar while providing additional prep space. The combined living and dining area extends to a private walk-out balcony, a perfect spot for morning coffee or unwinding at the end of the day. A versatile den easily adapts to your lifestyle, whether used as a home office, dining area, or quiet sitting space. The spacious bedroom is filled with natural light through a large window, two closets for storage, including one with custom built-in shelving. An included mirrored wardrobe cabinet fits seamlessly in a wall nook .The updated semi- ensuite 4-piece bathroom features refreshed tile, a modern vanity, and updated fixtures, with convenient access from both the bedroom and the main living area. A premium Miele stacked washer and dryer for in-suite laundry. Complete with an owned parking space and locker, this suite is part of the well-managed DNA 2community, offering 24-hour concierge service, a fully equipped fitness center, a party room, visitor parking, and a rooftop terrace with BBQs and panoramic 360-degree views of the city skyline. Perfectly positioned on vibrant King West, you'll enjoy easy access to Liberty Village, the Ossington Strip, and Queen Street West. Surrounded by popular cafés, restaurants, breweries, boutiques, parks, the Waterfront, Exhibition Place, and the Martin Goodman Trail, with TTC transit and the Gardiner Expressway just moments away.
MississaugaInvestor.ca
512- 1005 King Street
Condo Apartment · 2bd/1ba · ~650 sqft
$635,000
Cash-Flow Report · August 4, 2026
Cap Rate
1.16%
Monthly Cash Flow
-$2,311/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-19.93%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$2,923 |
| Property Tax | −$503 |
| Insurance | −$225 |
| Condo Fee | −$655 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,311/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,033 |
| Insurance | −$2,700 |
| Condo Fee | −$7,860 |
| Annual NOI | $7,347 |
| Cap Rate | 1.16% |
Cash Required to Close
| Down Payment (20%) | $127,000 |
| Ontario Land Transfer Tax | $9,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $139,175 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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