23 Lorraine Drive 1810, Toronto C07

$462,000
23 Lorraine Drive 1810

$462,000

New
16d
Condo ApartmentApartment

23 Lorraine Drive 1810, Toronto C07

Total Monthly Obligation $2,763

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
16d
Score
21
Yield
6.2%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Apartment
MLS® Number-C13875610
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,156.14 (2026)
Maintenance-$519.99/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REAL HOME CANADA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Willowdale West
Title-Residential Condo & Other

No agent assigned

Gorgeous Very Clean Spacious 1 Bedroom+Den Suite In Prime North York! Bright West Exposure In This Functional Open Concept. Low maintenance fees of $519.99 , which include all your utilities. Prime location at Yonge & Finch, steps to the Finch subway. Exceptional Building Amenities: Concierge, Indoor Pool, Sauna, Exercise Room, Party Room & More. Go Transit, And Viva/Yrt, Steps From Restaurants, Shopping, Entertainment, Parks, And Community Centre. Well Maintained, Move In Condition.

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

Closing Costs

Mortgage Amount
$369,600
Land Transfer Taxes$5,715
Legal Fees (Est.)
$
Total cash required for closing$99,615

Total Monthly Obligation

$2,763/mo
Mortgage $1,864
Monthly Loss $2,273
Principal$490
Interest$1,373
Property Tax$180
Condo Fees$520
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
10.1%36
10-Year IRR
10.8%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,800/yr
NOI
$15,124/yr
Net Cash Flow
-$603/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
28.9/ 100

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

Comparables

Properties near 23 Lorraine Drive 1810

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.