515 Kingbird Grove 233, Toronto E11

$545,000
515 Kingbird Grove 233

$545,000

New
22d
Condo Townhouse1 Storey/Apt

515 Kingbird Grove 233, Toronto E11

Total Monthly Obligation $3,120

Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
22d
Score
20
Yield
6.0%
Cash on Cash
-2.2%
Cap Rate
4.1%
5Y IRR
13.8%
10Y IRR
13.2%
Property Type-Condo Townhouse
MLS® Number-E13846756
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Townhouse
Taxes-$3,245.73 (2026)
Maintenance-$451.63/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Rouge E11
Title-Residential Condo & Other

No agent assigned

FOR SALE, 515 Kingbird Grove #233, Toronto. Welcome to a place you'll be proud to call home! This beautifully maintained 2-bedroom + spacious open-concept den, 2 full bathroom condo offers the perfect balance of comfort, style, and functionality. Bathed in natural light from its bright south-facing exposure, this inviting home features a private balcony with peaceful views, creating the perfect space to enjoy your morning coffee or unwind after a long day. The modern white kitchen is designed to impress with stainless steel appliances, granite countertops, and a generous peninsula island, ideal for cooking, entertaining, and gathering with family and friends. The versatile open den provides the flexibility for a home office, reading nook, or additional living space, while the spacious laundry room offers exceptional convenience and storage. With two generously sized bedrooms and two full bathrooms, this thoughtfully designed layout is perfect for first-time buyers, young families, professionals, or downsizers. Located just moments from the beautiful Rouge trails and greenspace, shopping, restaurants, schools, Highway 401, and public transit right at your doorstep, everything you need is within easy reach. Complete with 1 parking space and 1 locker, this is more than just a condo - it's a place where memories are made, new beginnings start, and you'll truly feel at home. The bedroom photos are virtually staged. Don't miss your opportunity to make 515 Kingbird Grove #233 your next address!!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$3,120/mo
Mortgage $2,198
Monthly Loss $2,542
Principal$579
Interest$1,620
Property Tax$270
Condo Fees$452
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.3%38
10-Year IRR
10.9%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$32,604/yr
NOI
$18,278/yr
Net Cash Flow
-$675/mo
Cash Margin
-24.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
26.5/ 100

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

Comparables

Properties near 515 Kingbird Grove 233

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.