117 McMahon Drive PH09, Toronto C15

$798,000
117 McMahon Drive PH09

$798,000

New
16d
Condo ApartmentApartment

117 McMahon Drive PH09, Toronto C15

Total Monthly Obligation $4,525

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
16d
Score
16
Yield
4.7%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-C13873636
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$3,747 (2025)
Maintenance-$793.81/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Experience Luxury Living In This Stunning Penthouse Corner Unit In The Prestigious Bayview Village Area! This Bright And Spacious 2-Bedroom, 2-Bathroom Suite Boasts An Open-Concept Layout With 848 Sq. Ft. Of Interior Space And Soaring 10-Ft Ceilings. Enjoy A Designer Modern Kitchen Featuring Built-In Appliances, Quartz Countertops, And Cabinet Organizers, Along With Spa-Inspired Bathrooms With Elegant Marble Tiles.Enjoy Exclusive Access To The MEGA Club, Offering Top-Tier Amenities Including A Bowling Alley, Outdoor Tennis Court, Full-Size Indoor Basketball Court, Outdoor Putting Green, Indoor Swimming Pool, Gym, BBQ Areas, And Stylish Lounges. Conveniently Located Just A Short Walk From Bessarion Subway Station And Oriole GO Station, With Easy Access To Major Highways. Steps To Woodsy Park, IKEA, Canadian Tire, Shopping Malls, Restaurants, And More. Take In The Breathtaking, Unobstructed City Views From Your Urban Retreat.

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

Closing Costs

Mortgage Amount
$638,400
Land Transfer Taxes$12,435
Legal Fees (Est.)
$
Total cash required for closing$173,535

Total Monthly Obligation

$4,525/mo
Mortgage $3,219
Monthly Loss $3,678
Principal$847
Interest$2,372
Property Tax$312
Condo Fees$794
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$18,423/yr
Net Cash Flow
-$1,684/mo
Cash Margin
-53.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.7/ 100

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

Comparables

Properties near 117 McMahon Drive PH09

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.