22 East Haven Drive 511, Toronto E06

$499,000
22 East Haven Drive 511

$499,000

New
9d
Condo ApartmentApartment

22 East Haven Drive 511, Toronto E06

Total Monthly Obligation $3,032

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
9d
Score
18
Yield
5.7%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-E14031754
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$2,020 (2026)
Maintenance-$650.36/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 INNOVATIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Concrete Block
Possession-Flexible
Neighbourhood-Birchcliffe-Cliffside
Title-Residential Condo & Other

No agent assigned

Welcome to 22 East Haven Drive, Unit 511 - a beautifully appointed 2-bedroom, 2-bathroom condominium in the highly sought-after Birchcliffe-Cliffside community. Thoughtfully designed with a bright and spacious split-bedroom layout, this elegant suite offers the perfect blend of privacy, comfort, and contemporary living. The modern kitchen features premium finishes, sleek cabinetry, and quality countertops, seamlessly flowing into the open-concept living and dining area. Step out onto to private balcony, the perfect place to enjoy your morning coffee, relax after a long day. The generous primary bedroom boasts a beautifully finished 4-piece ensuite, while the well-sized second bedroom and stylish second full bathroom provide comfort and flexibility for family, guests, or a home office. High-end finishes throughout, combined with the convenience of in-suite laundry, make this home completely move-in ready. Ideally situated in one of Scarborough's most desirable neighbourhoods, you'll enjoy an exceptional lifestyle with cafés, restaurants, boutique shops, parks, schools, and everyday conveniences just steps away. TTC service is at your doorstep, with nearby GO Transit providing effortless access throughout the GTA, while the breathtaking Scarborough Bluffs, waterfront trails, and Lake Ontario are only minutes away. Residents of this newer, well-managed building enjoy outstanding amenities, including a 24-hour concierge, fully equipped fitness centre, party room, rooftop terrace, recreation and games room, parcel room, and guest suites. Complete with one underground parking space and one locker, this exceptional residence offers the perfect combination of luxury, convenience, and location, making it an outstanding opportunity for first-time buyers, professionals, downsizers, and investors alike.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,032/mo
Mortgage $2,013
Monthly Loss $2,502
Principal$530
Interest$1,483
Property Tax$168
Condo Fees$650
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
8.1%24
10-Year IRR
9.2%
Returns Index
12.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$28,680/yr
NOI
$13,588/yr
Net Cash Flow
-$881/mo
Cash Margin
-36.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
25.9/ 100

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

Comparables

Properties near 22 East Haven Drive 511

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.