15 Northtown Way 2018, Toronto C14

$599,000
15 Northtown Way 2018

$599,000

New
2d
Condo ApartmentApartment

15 Northtown Way 2018, Toronto C14

Total Monthly Obligation $3,631

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
2d
Score
17
Yield
5.6%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-C14104644
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,790.13 (2026)
Maintenance-$781.87/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ELITE CAPITAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immed
Neighbourhood-Willowdale East
Title-Residential Condo & Other

No agent assigned

Beautifully Maintained 2 Bedroom Condo in Prime North York Location, Corner unit with lots of windows. vinyl floors in living, dining, and bedrooms. Walking Distance To Subway, Steps To Restaurants, Supermarket, Retail And All Amenities. Split 2 Bedrooms & 2 Baths. Great Facilities Including Pool, Tennis Court, Bowling, Gym. Maintenance fee Includes Heat, Hydro, Water, Parking.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,631/mo
Mortgage $2,416
Monthly Loss $2,995
Principal$636
Interest$1,780
Property Tax$233
Condo Fees$782
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.7/ 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
$33,384/yr
NOI
$15,473/yr
Net Cash Flow
-$1,127/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.2/ 100

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

Comparables

Properties near 15 Northtown Way 2018

Time

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Data last updated within the past 24 hours.