8 Lee Centre Drive 1011, Toronto E09

$390,000
8 Lee Centre Drive 1011

$390,000

New
16d
Condo ApartmentApartment

8 Lee Centre Drive 1011, Toronto E09

Total Monthly Obligation $2,657

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
16d
Score
18
Yield
6.3%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-E13872362
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,488.58 (2026)
Maintenance-$759.73/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Other
Heating-Forced Air (Gas)
Brokerage-HOMELIFE TOP STAR REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster)
Possession-30/60
Neighbourhood-Woburn
Title-Residential Condo & Other

No agent assigned

Great Location. Look No Further! Price to sell, Steps To TTC, Mins To 401, Scarborough Town Center, Access To Downtown Via Transit, Markets, Centennial College / UFT Scarborough Campus, Well Maintained Unit. 1 Bedroom Plus Den Can Be Used As 2nd Bedroom/Office. Outstanding Clean Building. Enjoy Sun Set View From Bedroom/Living

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

Closing Costs

Mortgage Amount
$312,000
Land Transfer Taxes$4,325
Legal Fees (Est.)
$
Total cash required for closing$83,825

Total Monthly Obligation

$2,657/mo
Mortgage $1,573
Monthly Loss $2,243
Principal$414
Interest$1,159
Property Tax$124
Condo Fees$760
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.7%17
10-Year IRR
8.3%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$24,432/yr
NOI
$8,983/yr
Net Cash Flow
-$825/mo
Cash Margin
-40.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
28.3/ 100

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

Comparables

Properties near 8 Lee Centre Drive 1011

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.