50 Verne Crescent 49, Toronto E11

$699,999
50 Verne Crescent 49

$699,999

New
16d
Condo Townhouse2-Storey

50 Verne Crescent 49, Toronto E11

Total Monthly Obligation $3,626

Beds
3
Baths
4
Park
1
Sqft
1200-1399
DOM
16d
Score
19
Yield
5.1%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Townhouse
MLS® Number-E13873622
Beds-3
Bathrooms-4
Size-1200-1399 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,417.03 (2026)
Maintenance-$400.99/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Baseboard (Electric)
Brokerage-HIGHPOINT HOMES REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Malvern
Title-Residential Condo & Other

No agent assigned

Welcome To This Beautifully Maintained 3-Bedroom Townhome In A Highly Desirable, Family-Friendly Location! This Bright And Spacious Home Offers A Wonderful Functional Layout, Featuring A Welcoming Eat-In Kitchen With Stainless Steel Appliances, Stylish New Pot Lights, And Beautifully Renovated Washrooms. The Brand-New, Expansive Finished Basement Provides Exceptional Additional Living Space And Can Easily Be Used As A 4th Bedroom, Recreation Room, Home Office, Gym, Or Family Retreat, Complete With A Newly Built Washroom In The Basement For Added Comfort And Convenience. Ideally Located Close To Excellent Schools, TTC Routes, Highway 401, Shopping, Pharmacy, Supermarket, Community Centre, Library, Places Of Worship, And Centennial College, Offering Unmatched Convenience For Families And Professionals Alike. With Beautiful Updates Throughout, Generous Living Space, And A Fantastic Location Close To Everyday Amenities, Transit, Education, And Major Highways, This Is A Wonderful Opportunity To Own A Move-In-Ready Home In A Convenient And Family-Oriented Neighbourhood!

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,626/mo
Mortgage $2,824
Monthly Loss $2,883
Principal$743
Interest$2,081
Property Tax$201
Condo Fees$401
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.6%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,604/yr
NOI
$22,415/yr
Net Cash Flow
-$956/mo
Cash Margin
-32.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
23.3/ 100

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

Comparables

Properties near 50 Verne Crescent 49

Time

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Data last updated within the past 24 hours.