117 Mcmahon Drive 2509, Toronto C15

$658,000
117 Mcmahon Drive 2509

$658,000

New
26d
Condo ApartmentApartment

117 Mcmahon Drive 2509, Toronto C15

Total Monthly Obligation $3,951

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
26d
Score
18
Yield
5.8%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-C13835206
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 27, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,634.7 (2026)
Maintenance-$793.81/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 LANDUNION REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Gorgeous Corner Suite With Spectacular View!! Bright & Spacious. 848 Sq Feet Plus 185 Sq Feet Oversize Balcony. One Parking & One Locker !! Walking Distance To 2 Subway Stations & Great Shopping Amenities. Floor To Ceiling Windows with 9-foot ceilings Shows Beautiful Open Concept. Modern Kitchen with Quartz Counter Tops! built-in appliances and luxurious finishes. easy access to major highways including 401, 404, and DVP

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

Closing Costs

Mortgage Amount
$526,400
Land Transfer Taxes$9,635
Legal Fees (Est.)
$
Total cash required for closing$142,735

Total Monthly Obligation

$3,951/mo
Mortgage $2,654
Monthly Loss $3,252
Principal$698
Interest$1,956
Property Tax$303
Condo Fees$794
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.8/ 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
$37,884/yr
NOI
$18,535/yr
Net Cash Flow
-$1,110/mo
Cash Margin
-35.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.2/ 100

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

Comparables

Properties near 117 Mcmahon Drive 2509

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.