7439 Kingston Road 409, Toronto E11

$486,438
7439 Kingston Road 409

$486,438

New
16d
Condo ApartmentApartment

7439 Kingston Road 409, Toronto E11

Total Monthly Obligation $2,711

Beds
2
Baths
2
Park
1
Sqft
600-699
DOM
16d
Score
21
Yield
5.8%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Condo Apartment
MLS® Number-E13874120
Beds-2
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$549.17/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-HIRSCH AND ASSOCIATES REAL ESTATE INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Rouge E11
Title-Residential Condo & Other

No agent assigned

Brand New, never lived in and includes the ENHR rebate off the price (buyer eligibility to be independently confirmed). Bright 2 Bedroom Suite at Narrative Rouge River Condominiums, located on the 4th floor with a South exposure. The suite offers a practical, well-proportioned layout with a light colour palette and laminate flooring throughout. The open-concept living, dining and kitchen area provides good separation between spaces while keeping the suite feeling open. The kitchen features contemporary cabinetry and 24" appliances, including a refrigerator, dishwasher and over-the-range microwave. The spacious primary bedroom offers plenty of room for full bedroom furniture with a 3pc ensuite bath, while the second bedroom can comfortably function as a home office or second bedroom. A second full bathroom completes the suite. One parking space and locker is included. Maintenance fees include parking and locker maintenance, bulk internet, common expenses and building insurance. Residents have access to a range of indoor and outdoor amenities, including a fitness centre, yoga studio, co-working spaces, games room, party room, outdoor BBQ terrace and lounge areas, plus 24-hour concierge service. Conveniently located near Highway 401, TTC transit, Rouge Hill GO Station, University of Toronto Scarborough and Centennial College, with parks, shopping and everyday amenities nearby.

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

Closing Costs

Mortgage Amount
$389,150
Land Transfer Taxes$6,204
Legal Fees (Est.)
$
Total cash required for closing$104,992

Total Monthly Obligation

$2,711/mo
Mortgage $1,962
Monthly Loss $2,195
Principal$516
Interest$1,446
Condo Fees$549
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$28,236/yr
NOI
$16,422/yr
Net Cash Flow
-$594/mo
Cash Margin
-25.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
29.6/ 100

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

Comparables

Properties near 7439 Kingston Road 409

Time

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