3420 Eglinton Avenue E 404, Toronto E08

$499,000
3420 Eglinton Avenue E 404

$499,000

New
8d
Condo ApartmentApartment

3420 Eglinton Avenue E 404, Toronto E08

Total Monthly Obligation $3,149

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
22
Yield
7.3%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Condo Apartment
MLS® Number-E14086682
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,244.25 (2025)
Maintenance-$832.29/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-HOMELIFE DISTRICT REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-tbd
Neighbourhood-Scarborough Village
Title-Residential Condo & Other

No agent assigned

Rarely Offered! Spacious 3-Bedroom Suite in Sought-After Scarborough Village. Discover exceptional space, comfort and value in this rarely available 3-bedroom, 2-bathroom suite offering over 1,300 sq. ft. of living space in desirable Scarborough Village. Featuring generously sized principal rooms, abundant natural light, a walk-in closet, a large private balcony and parking, this suite presents a wonderful opportunity for homeowners, investors and renovators alike. The convenient powder room offers potential for a shower upgrade. Enjoy an impressive array of building amenities, including an outdoor swimming pool, sauna, fitness centre, party room, BBQ area, car wash and secure entry. A unique private entrance from the condominium grounds provides convenient access toward the adjacent school. Unbeatable Convenience and Location! Steps to 24-hour TTC service, with easy connections to Kennedy Subway Station and GO Station. Enjoy quick access to Highway 401 and close proximity to schools, parks, shopping, Metro, Walmart, halal supermarkets, restaurants, medical clinics, places of worship and the beautiful Scarborough Bluffs. Space, Location and Potential All in One! An exceptional opportunity for first-time buyers, growing families, investors or renovators seeking a spacious suite in a convenient, established neighbourhood. Move in and enjoy, update to suit your personal style, or unlock its full potential. Don't miss this rare opportunity!

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

Closing Costs

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

Total Monthly Obligation

$3,149/mo
Mortgage $2,013
Monthly Loss $2,619
Principal$530
Interest$1,483
Property Tax$104
Condo Fees$832
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.6%3
5-Year IRR
12.3%52
10-Year IRR
12.5%
Returns Index
26.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,528/yr
NOI
$19,243/yr
Net Cash Flow
-$409/mo
Cash Margin
-13.4%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.6/ 100

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

Comparables

Properties near 3420 Eglinton Avenue E 404

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.