121 Mcmahon Drive 3008, Toronto C15

$649,700
121 Mcmahon Drive 3008

$649,700

New
15d
Condo ApartmentApartment

121 Mcmahon Drive 3008, Toronto C15

Total Monthly Obligation $3,927

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
15d
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-C13876440
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,257.65 (2026)
Maintenance-$834.53/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-Advent Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Unknown
Foundation-Unknown
Possession-TBD
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Absolutely Stunning Corner Unit at Award-Winning Concord Tango Condo! Prime North York location with exceptional state-of-the-art amenities and unbeatable convenience. This bright and spacious 2-bedroom, 2-bathroom suite offers 928 sq. ft. plus a large balcony, featuring breathtaking unobstructed southeast views from a high floor. Enjoy soaring 9-ft ceilings, floor-to-ceiling windows, hardwood flooring throughout, and premium stainless steel appliances. The highly desirable layout is filled with natural light and showcases quality finishes throughout. Conveniently located with easy access to Hwy 401/404, TTC, subway, GO Transit, and complimentary shuttle service to the subway station. Steps to the new community centre, library, parks, IKEA, hospital, shopping centres, restaurants, and more. Luxury living in one of North York's most sought-after communities!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,760
Land Transfer Taxes$9,469
Legal Fees (Est.)
$
Total cash required for closing$140,909

Total Monthly Obligation

$3,927/mo
Mortgage $2,621
Monthly Loss $3,237
Principal$690
Interest$1,931
Property Tax$271
Condo Fees$835
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
$37,704/yr
NOI
$18,262/yr
Net Cash Flow
-$1,099/mo
Cash Margin
-35.0%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
21.3/ 100

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

Comparables

Properties near 121 Mcmahon Drive 3008

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.