188 Fairview Mall Drive 801, Toronto C15

$478,000
188 Fairview Mall Drive 801

$478,000

Price Change
28d
Condo ApartmentApartment

188 Fairview Mall Drive 801, Toronto C15

Total Monthly Obligation $2,900

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
28d
Score
18
Yield
5.4%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-C13826938
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,839.05 (2026)
Maintenance-$534.99/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET INTEGRITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Don Valley Village
Title-Residential Condo & Other

No agent assigned

Welcome To Verde Condos In The Highly Sought-After Fairview Park Community! This Bright And Functional 1 Bedroom + Den En-Suite Offers Approx. 636 Sq.Ft. Of Well-Designed Living Space With Desirable West Exposure, Floor-To-Ceiling Windows, 9-Ft Ceilings And Laminate Flooring Throughout. Rare And Practical Layout Featuring 2 Full Bathrooms With A Highly Functional Dual-Ensuite Design-The Primary Bedroom Has Its Own Ensuite, And The Den Also Features An Ensuite Bath, Making It Ideal As A Private Home Office, Guest Room Or Flexible Second Sleeping Area. Enjoy An Open-Concept Living And Dining Area, Modern Kitchen With Stainless Steel Appliances, Quartz Countertops, Rectangle Kitchen Island And Quality Finishes. Located Steps To Don Mills Subway Station, CF Fairview Mall, T&T Supermarket, Restaurants, Banks, Parks, Library, Public Transit And Everyday Conveniences. Easy Access To Hwy 401, 404 And DVP. Building Amenities Include Concierge, Fitness Centre, Yoga Studio, Co-Working Space, Party Room, Guest Suites, Rooftop Terrace With BBQs And More. A Rarely Offered Layout Combining Comfort, Flexibility And Convenience In One Of North York's Most Connected Locations!

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

Closing Costs

Mortgage Amount
$382,400
Land Transfer Taxes$6,035
Legal Fees (Est.)
$
Total cash required for closing$103,135

Total Monthly Obligation

$2,900/mo
Mortgage $1,928
Monthly Loss $2,392
Principal$507
Interest$1,421
Property Tax$237
Condo Fees$535
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$25,872/yr
NOI
$11,626/yr
Net Cash Flow
-$959/mo
Cash Margin
-44.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.5/ 100

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

Comparables

Properties near 188 Fairview Mall Drive 801

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.