270 Palmdale Drive 510, Toronto E05

$399,900
270 Palmdale Drive 510

$399,900

New
8d
Condo ApartmentApartment

270 Palmdale Drive 510, Toronto E05

Total Monthly Obligation $2,588

Bed+Den
3+1
Baths
1
Park
1
Sqft
900-999
DOM
8d
Score
27
Yield
8.4%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.9%
Property Type-Condo Apartment
MLS® Number-E14084232
Bed+Den-3+1
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,515.71 (2026)
Maintenance-$648.64/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-CENTURY 21 TITANS REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immd
Neighbourhood-Tam O'Shanter-Sullivan
Title-Residential Condo & Other

No agent assigned

**MOVE-IN READY! EXCEPTIONAL VALUE IN A PRIME LOCATION!** Say goodbye to the hassle of multiple utility bills! Enjoy outstanding value with maintenance fees that include **heat, hydro, water, cable, and internet**. Freshly painted and professionally cleaned, this inviting condo is ready for you to move in and make it your own.Featuring a spacious combined living and dining area filled with natural light and direct access to a **generously sized balcony**, this home offers the perfect setting for morning coffee, outdoor relaxation, or unwinding at the end of the day. Two well-proportioned, west-facing bedrooms feature built-in closets, while a versatile den provides additional space for a home office, study area, or extra storage. Thoughtfully designed storage includes a linen closet in the foyer and a large coat closet for added everyday convenience.Enjoy a fantastic selection of building amenities, including a fitness room, party room, bike storage, mail room, on-site laundry facilities, and an outdoor children's play area.**Unbeatable convenience at your doorstep!** Just a 1-minute walk to public transit and a 3-minute walk to a nearby commercial plaza featuring a grocery store, McDonald's, Subway, restaurants, Dollarama, a pharmacy, and a walk-in clinic. Close to schools, shopping, and everyday essentials, with easy access to Highways 401, 404, and the DVP.**An ideal opportunity for first-time buyers, downsizers, or savvy investors seeking space, convenience, and exceptional value in a well-connected Toronto neighbourhood. Don't miss your chance to see it!**

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

Closing Costs

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

Total Monthly Obligation

$2,588/mo
Mortgage $1,613
Monthly Loss $2,164
Principal$424
Interest$1,189
Property Tax$126
Condo Fees$649
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.1%6
5-Year IRR
15.1%72
10-Year IRR
14.8%
Returns Index
37.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,480/yr
NOI
$18,433/yr
Net Cash Flow
-$77/mo
Cash Margin
-2.8%3
Cash Flow Index
2.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9523
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
34.9/ 100

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

Comparables

Properties near 270 Palmdale Drive 510

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.