1038 McNicoll Avenue 313, Toronto E05

$333,000
1038 McNicoll Avenue 313

$333,000

New
15d
Leasehold CondoMulti-Level

1038 McNicoll Avenue 313, Toronto E05

Total Monthly Obligation $2,482

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
0
Sqft
700-799
DOM
15d
Score
23
Yield
8.6%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.2%
Property Type-Leasehold Condo
MLS® Number-E13875352
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-Multi-Level
Building Type-Leasehold Condo
Age-11-15
Taxes-$2,101.8 (2026)
Maintenance-$764.09/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-Immediate
Neighbourhood-Steeles
Title-Residential Condo & Other

No agent assigned

Welcome to Vintage Garden 1! A Prestigious Life Lease Community For Independent Senior Living (55+). This Beautifully Maintained, Highly Functional 1-bedroom plus den (1+1) Suite Features Brand-new Vinyl Flooring, 9-Foot Ceilings, An Open-Concept Layout and Granite Countertop. The Spacious Den Includes A Large Window And Offers A Bright, Versatile Space For Home Office Or 2nd Bedroom, A Private Walk-out Balcony Showcases A Beautiful, Unobstructed View. Designed For Comfort And Peace Of Mind, The Suite Includes Senior-Friendly Safety Features In The Washroom. Enjoy A Secure, Worry-Free Lifestyle With Top-Tier Amenities, including 24-hour Security, An On-site Medical Clinic, Full-Service Dining, Shuttle Service, Social Programs, And Outdoor Gardens, A Perfect Blend Of Comfort, Convenience, And Vibrant Community Living!

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

Closing Costs

Mortgage Amount
$266,400
Land Transfer Taxes$3,470
Legal Fees (Est.)
$
Total cash required for closing$71,570

Total Monthly Obligation

$2,482/mo
Mortgage $1,343
Monthly Loss $2,129
Principal$353
Interest$990
Property Tax$175
Condo Fees$764
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.7%2
5-Year IRR
11.6%47
10-Year IRR
12.2%
Returns Index
24.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$28,584/yr
NOI
$12,055/yr
Net Cash Flow
-$339/mo
Cash Margin
-14.2%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
32.1/ 100

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

Comparables

Properties near 1038 McNicoll Avenue 313

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.