301 PRUDENTIAL Drive 1706, Toronto E04

$525,000
301 PRUDENTIAL Drive 1706

$525,000

New
26d
Condo ApartmentApartment

301 PRUDENTIAL Drive 1706, Toronto E04

Total Monthly Obligation $3,498

Beds
3
Baths
2
Park
2
Sqft
1000-1199
DOM
26d
Score
20
Yield
7.2%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-E13851520
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 27, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,312.1 (2026)
Maintenance-$1,071.13/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/RESPONSE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-OWNER OCCUPIED
Neighbourhood-Dorset Park
Title-Residential Condo & Other

No agent assigned

Excellent opportunity to own a spacious and affordable 3-bedroom, 2-bathroom condo in a convenient Scarborough location. Steps to transit, with easy access to Highway 401, shopping, grocery stores, restaurants, Scarborough Town Centre .carpet-free unit features a spacious L-shaped living and dining area with a walkout to a large balcony offering beautiful open views. The renovated kitchen includes quartz countertops, double sink and ceramic backsplash. Enjoy the convenience of ensuite laundry and two large balconies. The generous primary bedroom features a 3-piece ensuite with glass shower and his-and-hers closets. Two additional bedrooms offer excellent space for family, guests or a home office. Building amenities include an indoor swimming pool, sauna, gym, entertainment room, security system and ample visitor parking. A spacious, move-in-ready home offering excellent value, convenience and accessibility in Scarborough. This Unit comes with 2 Parking and locker.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,498/mo
Mortgage $2,118
Monthly Loss $2,941
Principal$557
Interest$1,560
Property Tax$109
Condo Fees$1,071
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.2%37
10-Year IRR
11.0%
Returns Index
19.5/ 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
$37,584/yr
NOI
$17,260/yr
Net Cash Flow
-$679/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
24.1/ 100

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

Comparables

Properties near 301 PRUDENTIAL Drive 1706

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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