27 Mcmahon Drive 2802, Toronto C15

$799,000
27 Mcmahon Drive 2802

$799,000

New
7d
Condo ApartmentApartment

27 Mcmahon Drive 2802, Toronto C15

Total Monthly Obligation $4,921

Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
7d
Score
15
Yield
4.9%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Condo Apartment
MLS® Number-C14085666
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$5,686 (2025)
Maintenance-$1,024.43/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON WENDY ZHENG REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60/TBA
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Stunning 2024-Built Corner Suite At Saisons By Concord! This Luxurious 3-Bedroom, 3-Full-Bathroom Residence Offers 1,090 Sq. Ft. MLS Of Interior Living Space Plus An Expansive 175 Sq. Ft. Private Balcony With Spectacular Unobstructed South-Facing Views. Bright Open-Concept Living And Dining Areas Feature 9' Ceilings, Floor-To-Ceiling Windows And Abundant Natural Light. Gourmet Kitchen Features Premium Built-In Miele Appliances, Quartz Countertops, Carrara Marble Backsplash, Soft-Close Cabinetry And A Large Centre Island With Breakfast Seating. Elegant Bathrooms Feature Marble Walls, Quartz Countertops And Designer Fixtures. Functional Split-Bedroom Layout Offers Enhanced Privacy. All Bedrooms Feature Custom Closet Organizers And Roller Blinds. Spacious Balcony With Composite Wood Decking And Radiant Ceiling Heaters. Additional Features Include Miele Washer/Dryer, Panasonic Microwave, Roller Shades And Ample Storage. Residents Enjoy Over 80,000 Sq. Ft. Of Exceptional Building Amenities, Including 24-Hour Concierge, Indoor Swimming Pool, Fully Equipped Gym, Fitness & Yoga Studio, Party Room, Lounge And Touchless Car Wash. Prime Location With Easy Access To TTC Subway, Hwy 401 & 404, Bayview Village, Fairview Mall, Parks, Hospital, IKEA, Canadian Tire, Restaurants And Shopping. Featuring Beautiful South-Facing Views And A Spacious Private Balcony, This Residence Offers Comfortable Urban Living With Outstanding Convenience.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,921/mo
Mortgage $3,223
Monthly Loss $4,073
Principal$848
Interest$2,375
Property Tax$474
Condo Fees$1,024
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.9%11
10-Year IRR
6.9%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$38,916/yr
NOI
$14,645/yr
Net Cash Flow
-$2,003/mo
Cash Margin
-61.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.2/ 100

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

Comparables

Properties near 27 Mcmahon Drive 2802

Time

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Data last updated within the past 24 hours.