50 Town Centre Court 1504, Toronto E09

$399,900
50 Town Centre Court 1504

$399,900

New
16d
Condo ApartmentApartment

50 Town Centre Court 1504, Toronto E09

Total Monthly Obligation $2,496

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
16d
Score
20
Yield
6.2%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-E13876296
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 7, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,998 (2025)
Maintenance-$516.36/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-LPT Realty
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Bendale
Title-Residential Condo & Other

No agent assigned

Introducing Suite 1504 at 50 Town Centre Court - a beautifully maintained modern 1-bedroom + den offering parking, locker, and an exceptional urban lifestyle in the heart of Scarborough Town Centre. This inviting suite features a bright, open layout with a seamless living and dining space, floor-to-ceiling windows, and a walk-out to a private balcony showcasing wide south-west city views and warm natural light throughout the day. The kitchen is finished with granite countertops and full-sized stainless steel appliances, providing both style and functionality. The den serves as a flexible bonus space - ideal for a dedicated home office or a comfortable guest area. One parking space and one locker are included for everyday convenience. Residents enjoy a full suite of amenities, including a 24-hour concierge, fitness centre, party room, visitor parking, and a dedicated movie room for relaxing or entertaining. This unbeatable location places you steps from Scarborough Town Centre, TTC transit, shops, dining, parks, and just minutes from Hwy 401, 404, and the DVP. A fantastic opportunity for first-time buyers, investors, or professionals seeking a move-in-ready home in a vibrant, well-connected community. **Some Photos are original some are virtually staged to help visualize the potential**

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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,496/mo
Mortgage $1,613
Monthly Loss $2,071
Principal$424
Interest$1,189
Property Tax$167
Condo Fees$516
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.8%28
10-Year IRR
9.9%
Returns Index
15.1/ 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
$24,780/yr
NOI
$11,708/yr
Net Cash Flow
-$637/mo
Cash Margin
-30.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
30.5/ 100

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

Comparables

Properties near 50 Town Centre Court 1504

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.