11 Thorncliffe Pk Drive 207, Toronto C11

$399,000
11 Thorncliffe Pk Drive 207

$399,000

New
31d
Condo ApartmentApartment

11 Thorncliffe Pk Drive 207, Toronto C11

Total Monthly Obligation $2,894

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
31d
Score
23
Yield
8.7%
Cash on Cash
1.9%
Cap Rate
5.0%
5Y IRR
17.1%
10Y IRR
15.9%
Property Type-Condo Apartment
MLS® Number-C13814530
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 22, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,864.57 (2026)
Maintenance-$929.26/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible/TBD
Neighbourhood-Thorncliffe Park
Title-Residential Condo & Other

No agent assigned

Exceptional value in Toronto! Welcome to 11 Thorncliffe Park Drive, offering an unbeatable price tag at under $500 per square foot in one of East York's most convenient and fast-growing neighborhoods. This spacious, sun-drenched 2-bedroom condominium is clean, bright, and completely move-in ready. The generous floor plan features an open layout designed for easy everyday living and entertaining, complete with a full living room, a dedicated dining area, a charming bay window perfect for a reading nook, and 2 generous bedrooms. Enjoy newer flooring and fresh updates throughout, plus the ultimate peace of mind with all-inclusive maintenance fees covering all utilities (heat, hydro, and water). Includes 1 owned parking space and 1 storage locker. The well-maintained Leaside Park building boasts fantastic resort-style amenities including an indoor pool, sauna, party/meeting room, concierge, and visitor parking. Location-wise, it doesn't get better: situated just steps from transit, the upcoming Ontario Line LRT, top-tier shopping at Costco and East York Town Centre, local parks, schools, and quick access to the DVP for an easy commute downtown. Whether you are a first-time buyer looking for maximum square footage, a downsizer wanting turn-key ease, or an investor seeking incredible value, this property is an absolute steal. Don't miss out-see it today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,894/mo
Mortgage $1,609
Monthly Loss $2,471
Principal$424
Interest$1,186
Property Tax$155
Condo Fees$929
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.7%55
10-Year IRR
13.1%
Returns Index
28.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$34,572/yr
NOI
$15,699/yr
Net Cash Flow
-$301/mo
Cash Margin
-10.5%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.6/ 100

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

Comparables

Properties near 11 Thorncliffe Pk Drive 207

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.