186 Borough Drive, Toronto E09

$619,000
186 Borough Drive

$619,000

Price Change
15d
Condo Townhouse2-Storey

186 Borough Drive, Toronto E09

Total Monthly Obligation $3,974

Bed+Den
3+1
Baths
2
Park
2
Sqft
1000-1199
DOM
15d
Score
15
Yield
4.9%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Condo Townhouse
MLS® Number-E13876034
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,429.88 (2026)
Maintenance-$990.92/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-BSPOKE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bendale
Title-Residential Condo & Other

No agent assigned

This 1,180 sq ft two-storey condo townhouse pairs the drama of a loft with the separation and private street entrance of a home. Step inside to an open-concept living/dining space with an approx. 19-ft ceiling and floor-to-ceiling windows, creating an impressive sense of light and volume. Upstairs, a bright loft-like primary suite overlooks the living space and includes a walk-in closet, while the second bedroom and open den provide distinct spaces for sleeping, guests and working from home. A main-floor powder room keeps guests downstairs, while the kitchen features stainless steel appliances and a wine fridge. Freshly painted, with new light fixtures, plus several appliances replaced within the past two years. Outside your private entrance, a compact terrace fits a small table and two chairs. Two parking spaces-one on the second-floor parking level and one underground on P1-plus a large locker add serious everyday utility. Resort-style building amenities include 24/7 concierge security, gym, indoor pool and whirlpool, steam room, sauna, games room, theatre, BBQ terrace and party room. Frank Faubert Wood Lot is across the street, with Scarborough Town Centre just a 6-minute walk away, and Scarborough Centre subway station, Albert Campbell Square, a dog park, and the public library nearby.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,974/mo
Mortgage $2,497
Monthly Loss $3,317
Principal$657
Interest$1,840
Property Tax$286
Condo Fees$991
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
4.0%8
10-Year IRR
6.2%
Returns Index
5.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$30,504/yr
NOI
$9,733/yr
Net Cash Flow
-$1,686/mo
Cash Margin
-66.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
19.9/ 100

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

Comparables

Properties near 186 Borough Drive

Time

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