4005 Don Mills Road 345, Toronto C15

$559,000
4005 Don Mills Road 345

$559,000

New
16d
Condo Townhouse2-Storey

4005 Don Mills Road 345, Toronto C15

Total Monthly Obligation $3,840

Beds
4
Baths
3
Park
2
Sqft
1400-1599
DOM
16d
Score
18
Yield
7.1%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Townhouse
MLS® Number-C13875976
Beds-4
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,744.88 (2025)
Maintenance-$1,156.17/mo
Locker-Ensuite
Parking-2 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX PREMIER INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Hillcrest Village
Title-Residential Condo & Other

No agent assigned

1,411 SQ FT, 4 BEDROOMS, 3 BATHROOMS AND 2 PARKING SPOTS IN TORONTO AT THIS PRICE?! YES - YOU READ THAT RIGHT. If You've Been Looking For More Space Without Paying Freehold Prices, This Might Be One Of The Most Interesting Opportunities On The Market. This Rare 2-Storey Tridel Condo Townhome Offers The Kind Of Space That's Almost Impossible To Find At This Price Point - Generous Living And Dining Areas, 4 Bedrooms, 3 Bathrooms And 2 Parking Spots. Is It Brand New Inside? No - And That's Exactly Where The Opportunity Is. Update It To Your Own Style, On Your Own Timeline, Instead Of Paying A Premium For Someone Else's Renovation. Even Better, The Maintenance Fee Includes Heat, Hydro, Water And Cable, Taking Several Monthly Household Expenses Off Your Plate. The Well-Managed Community Also Offers An Indoor Pool, Gym, Sauna, Recreation Room And Playground. Located At Don Mills & Steeles With Quick Access To Hwy 404, DVP, 401 & 407, Transit, Shopping And Excellent Schools Including A.Y. Jackson. If Space, Location And Value Matter More To You Than Someone Else's Kitchen Cabinets, You Need To See This One. 1,411 Sq Ft. 4 Bedrooms. 3 Bathrooms. 2 Parking Spots. One Seriously Interesting Opportunity.

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

Closing Costs

Mortgage Amount
$447,200
Land Transfer Taxes$7,655
Legal Fees (Est.)
$
Total cash required for closing$120,955

Total Monthly Obligation

$3,840/mo
Mortgage $2,255
Monthly Loss $3,246
Principal$593
Interest$1,661
Property Tax$229
Condo Fees$1,156
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.2%30
10-Year IRR
10.2%
Returns Index
16.1/ 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
$39,720/yr
NOI
$16,729/yr
Net Cash Flow
-$861/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.9/ 100

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

Comparables

Properties near 4005 Don Mills Road 345

Time

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