50 Town Centre Court 3011, Toronto E09

$399,000
50 Town Centre Court 3011

$399,000

New
8d
Condo ApartmentApartment

50 Town Centre Court 3011, Toronto E09

Total Monthly Obligation $2,565

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
8d
Score
20
Yield
6.6%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Condo Apartment
MLS® Number-E14084760
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,225 (2026)
Maintenance-$570/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ATRIUM HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immd
Neighbourhood-Bendale
Title-Residential Condo & Other

No agent assigned

Location, Location, Location! Welcome to this gorgeous, sun-filled 1-bedroom plus den corner condo layout, perched on a high floor in the vibrant heart of Scarborough with no wasted space and complete hallway privacy. This immaculate, freshly painted home features a versatile den perfect for a home office or second bedroom, sleek laminate flooring, brand-new light fixtures, granite countertops, and stainless steel appliances. Step out onto your private balcony to enjoy spectacular, unobstructed south-facing views of the city skyline and the CN Tower. Offering ultimate convenience, you are just a one-minute walk from the Scarborough Centre transit hub (LRT, Bus, and GO Station), seconds from the Highway 401 ramp, and steps from Scarborough Town Centre, the YMCA, movie theatres, and IKEA-plus, a dedicated parking space and storage locker are completely included!

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

Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,565/mo
Mortgage $1,609
Monthly Loss $2,141
Principal$424
Interest$1,186
Property Tax$185
Condo Fees$570
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.6%32
10-Year IRR
10.4%
Returns Index
17.2/ 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
$26,532/yr
NOI
$12,414/yr
Net Cash Flow
-$575/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.2/ 100

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

Comparables

Properties near 50 Town Centre Court 3011

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.