10 Meadowglen Place 401, Toronto E09

$648,000
10 Meadowglen Place 401

$648,000

New
4d
Condo ApartmentApartment

10 Meadowglen Place 401, Toronto E09

Total Monthly Obligation $4,131

HausQ Valuation Report
Bed+Den
4+1
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
16
Yield
5.3%
Cash on Cash
-9.0%
Cap Rate
2.7%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Condo Apartment
MLS® Number-E14092876
Bed+Den-4+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,322.46 (2026)
Maintenance-$1,040.23/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Woburn
Title-Residential Condo & Other

No agent assigned

Brand-new, never-lived-in 3-bed plus den corner suite offering approximately 1,250 sq. ft. of bright, thoughtfully designed living space. Enjoy unobstructed north and east views and floor-to-ceiling windows that bring natural light into the living area and all three bedrooms. The spacious primary bedroom features a walk-in closet and private ensuite; a second full bathroom and versatile den provide added comfort and flexibility. The open-concept kitchen offers stainless-steel appliances and a centre island, ideal for everyday living and entertaining. Plank flooring, smooth ceilings, ensuite laundry, and pre-wiring for high-speed internet and a security system complete the suite. Building amenities include concierge service, a fitness room with yoga area, party/rec room, and business/work centre. Conveniently located near Highway 401, Scarborough Town Centre, Confederation Park, walking trails, and nearby schools and post-secondary campuses. The Scarborough Bluffs are approx 15 away. 1 Parking and 2 Lockers included

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

Closing Costs

Mortgage Amount
$518,400
Land Transfer Taxes$9,435
Legal Fees (Est.)
$
Total cash required for closing$140,535

Total Monthly Obligation

$4,131/mo
Mortgage $2,614
Monthly Loss $3,443
Principal$688
Interest$1,926
Property Tax$277
Condo Fees$1,040
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.5%13
10-Year IRR
7.4%
Returns Index
7.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,656/yr
NOI
$12,985/yr
Net Cash Flow
-$1,532/mo
Cash Margin
-53.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
19.6/ 100

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

Comparables

Properties near 10 Meadowglen Place 401

Time

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Data last updated within the past 24 hours.