3311 Kingston Road 1111, Toronto E08

$398,000
3311 Kingston Road 1111

$398,000

New
9d
Condo ApartmentApartment

3311 Kingston Road 1111, Toronto E08

Total Monthly Obligation $2,747

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
9d
Score
20
Yield
7.1%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-E14030768
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,273.74 (2026)
Maintenance-$835.25/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Negotiable
Neighbourhood-Scarborough Village
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2-bedroom suite at Kingston Heights with a functional layout & unobstructed views for miles. Both bedrooms are generously sized, offering flexibility for a growing family, a home office setup ,or hosting guests. The kitchen features stainless steel appliances and flows seamlessly into the open living and dining area. Laminate flooring throughout, and a sizeable private balcony with breathtaking lake and green views. This unit comes with one parking spot and a locker & maintenance fees cover electricity, water, heat, plus Bell Fibe TV. Residents enjoy access to a fully equipped gym and an outdoor pool. Conveniently located close to groceries, shops, restaurants, TTC and GO station. Building is steps from the Doris McCarthy Trail making it easy for nature walks to the lake & the Bluffs.

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

Closing Costs

Mortgage Amount
$318,400
Land Transfer Taxes$4,445
Legal Fees (Est.)
$
Total cash required for closing$85,545

Total Monthly Obligation

$2,747/mo
Mortgage $1,605
Monthly Loss $2,324
Principal$422
Interest$1,183
Property Tax$106
Condo Fees$835
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.1%30
10-Year IRR
10.2%
Returns Index
15.8/ 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
$28,320/yr
NOI
$11,791/yr
Net Cash Flow
-$623/mo
Cash Margin
-26.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.4/ 100

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

Comparables

Properties near 3311 Kingston Road 1111

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.