55 Carscadden Drive 301, Toronto C07

$875,000
55 Carscadden Drive 301

$875,000

New
22d
Condo TownhouseApartment

55 Carscadden Drive 301, Toronto C07

Total Monthly Obligation $5,524

Bed+Den
3+1
Baths
2
Park
2
Sqft
1800-1999
DOM
22d
Score
15
Yield
5.5%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Townhouse
MLS® Number-C13851960
Bed+Den-3+1
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Townhouse
Taxes-$2,353 (2026)
Maintenance-$1,598/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Wood
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Westminster-Branson
Title-Residential Condo & Other

No agent assigned

Welcome To Penthouse 301 At 55 Carscadden Dr - A Rarely Offered, Expansive 2+1 Bedroom Residence In An Intimate Boutique Low-Rise Building, Tucked Away In One Of North York's Quietest And Most Desirable Neighbourhoods. Offering Approximately 1,900 Sq. Ft. Of Exceptional Living Space including A Large Enclosed Balcony, This Unique Home Truly Feels Like A Bungalow In The Sky! A Recessed French-Door Entry Opens To An Impressive, Light-Filled Interior Featuring Generously Proportioned Living, Family and Dining Rooms. An Open-Concept Kitchen And Dining Area Is An Outstanding Space For Both Everyday Living And Entertaining. Relax By The Rare Wood-Burning Fireplace Or Enjoy The Natural Light Streaming Through The Large Skylight - Features Seldom Found In Condo Living. Spacious Bedrooms Offer Excellent Closet Space, While The Primary Retreat Features A Walk-In Closet And Ensuite With Double-Sink Vanity. The Large Enclosed Balcony Extends The Living Space And Provides The Perfect Setting To Unwind And Take In Beautiful Sunsets. Electric Radiant Heating Plus Heat Pump Forced Air Provide Year-Round Comfort. Includes An Extra-Large Locker And Ample Storage Throughout. Enjoy A Full-Size Outdoor Pool, Plenty Of Guest And Street Parking And A Welcoming, Supportive Community. All This With Remarkably Reasonable Maintenance Fees Of Approximately $0.82/Sq. Ft. Steps To Parks, Greenbelt Trails, the JCC And Transit, And Just Minutes To The Subway, Yorkdale Mall And Area Amenities. A Truly Unique Penthouse Offering - Spacious, Private And Filled With Character!

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

Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$5,524/mo
Mortgage $3,530
Monthly Loss $4,595
Principal$929
Interest$2,601
Property Tax$196
Condo Fees$1,598
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.2%15
10-Year IRR
7.9%
Returns Index
8.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$47,964/yr
NOI
$19,239/yr
Net Cash Flow
-$1,926/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
16.4/ 100

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

Comparables

Properties near 55 Carscadden Drive 301

Time

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