1131 Steeles Avenue W 306, Toronto C07

$499,000
1131 Steeles Avenue W 306

$499,000

New
8d
Condo ApartmentApartment

1131 Steeles Avenue W 306, Toronto C07

Total Monthly Obligation $3,637

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
17
Yield
7.0%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-C14081498
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,493.76 (2026)
Maintenance-$1,216.33/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Westminster-Branson
Title-Residential Condo & Other

No agent assigned

Welcome to your new Home! Experience elevated living in this stunning 2+1 Bedroom and 2 Washroom Condo with Parking at the highly sought-after Primrose Condominiums. This freshly painted and impeccably maintained suite features laminate flooring, gourmet kitchen with stainless steel appliances, backsplash, accent wall and pantry, and a thoughtfully designed open concept living and Dining area that perfectly blends comfort and style. Large windows fill the space with natural light, creating a warm and inviting atmosphere ideal for both everyday living and entertaining. Spacious Primary bedroom with a 3-piece ensuite, closet and a large window. The 2nd Bedroom is also generously sized with a closet and opens to a large solarium ideal for a private home office. Enjoy the convenience of ensuite laundry with lots of storage space. Residents enjoy exceptional amenities including 24-Hour Gatehouse Security, Fully Equipped Gym, Sauna, Party/ Meeting Room, Outdoor Pool, Tennis Court, Squash Court, Visitor Parking, and more. Maintenance fees include all Utilities, Cable and Internet. The location at Bathurst st and Steeles Ave is unbeatable, just minutes to TTC, Schools, Parks, Restaurants, Groceries, Shopping and Highway. A rare opportunity to experience luxury living in a well-established community with unmatched convenience right at your doorstep.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,637/mo
Mortgage $2,013
Monthly Loss $3,107
Principal$530
Interest$1,483
Property Tax$208
Condo Fees$1,216
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
7.0%18
10-Year IRR
8.6%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,800/yr
NOI
$11,830/yr
Net Cash Flow
-$1,027/mo
Cash Margin
-35.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
21.9/ 100

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

Comparables

Properties near 1131 Steeles Avenue W 306

Time

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