50 Verne Crescent 42, Toronto E11

$590,000
50 Verne Crescent 42

$590,000

New
16d
Condo Townhouse2-Storey

50 Verne Crescent 42, Toronto E11

Total Monthly Obligation $3,166

HausQ Valuation Report
Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
16d
Score
20
Yield
5.4%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Townhouse
MLS® Number-E13872630
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,217 (2025)
Maintenance-$400.99/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Stucco (Plaster), Brick Front
Possession-Immediate
Neighbourhood-Malvern
Title-Residential Condo & Other

No agent assigned

Welcome to this upgraded 3-bedroom, 3-bathroom condo townhouse offering a functional layout, comfortable living space, and added flexibility across multiple levels. The kitchen provides plenty of room for everyday living and features a walkout to the backyard, creating an easy connection to the outdoor space. Three well-sized bedrooms offer room for families, guests, or a home office. The finished basement adds valuable additional living space and offers excellent potential for extended family, a recreation area, or possible rental use. Ideally located close to the University of Toronto Scarborough, Centennial College, public transit, shopping, everyday amenities, and Highway 401. With its finished lower level, private outdoor space, and convenient location, this home represents excellent value and a great opportunity.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$472,000
Land Transfer Taxes$8,275
Legal Fees (Est.)
$
Total cash required for closing$127,775

Total Monthly Obligation

$3,166/mo
Mortgage $2,380
Monthly Loss $2,539
Principal$626
Interest$1,754
Property Tax$185
Condo Fees$401
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%35
10-Year IRR
10.6%
Returns Index
18.7/ 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
$32,004/yr
NOI
$19,375/yr
Net Cash Flow
-$765/mo
Cash Margin
-28.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.0/ 100

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

Comparables

Properties near 50 Verne Crescent 42

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.