15 Torrance Road 1403, Toronto E08

$380,000
15 Torrance Road 1403

$380,000

New
4d
Condo ApartmentApartment

15 Torrance Road 1403, Toronto E08

Total Monthly Obligation $2,791

Bed+Den
3+1
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
24
Yield
8.8%
Cash on Cash
2.2%
Cap Rate
5.1%
5Y IRR
17.3%
10Y IRR
16.1%
Property Type-Condo Apartment
MLS® Number-E14094978
Bed+Den-3+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,289 (2025)
Maintenance-$951/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-THE AGENCY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-Eglinton East
Title-Residential Condo & Other

No agent assigned

Spacious & Bright South Facing 2+ Den Condo | Over 1,000 Sq. Ft.! Welcome to This Generously Sized 2 Bedroom Plus Den Corner Unit, Offering Over 1,000 Sq.ft. Of Living Space and a Highly Functional Layout. The Spacious Primary Bedroom, Well Sized Second Bedroom, and Versatile Den Provide Flexibility for a Home Office, Nursery, or Additional Living Space. Two Full Bathrooms Add Everyday Convenience, While the Oversized Utility and Laundry Room Offers Valuable Extra Storage. This Property Presents an Excellent Opportunity for First-Time Homebuyers and Investors Looking to Renovate, Personalize, and Unlock Its Full Potential. Bring Your Vision and Transform This Space Into a Home That Reflects Your Style and Needs. Located in a Solid, Well Maintained Building Just Steps From Eglinton, Go Transit, Shopping, Restaurants, and Everyday Amenities, This Location Offers Exceptional Convenience and Connectivity. Maintenance Fees Cover a Substantial Portion of Utilities, Adding Further Value and Convenience. Whether You're Looking to Enter the Market, Create Your Dream Home, or Invest in a Property With Potential, This Bright South Facing Condo Offers Space, Location, and an Exciting Opportunity to Make It Your Own!

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

Closing Costs

Mortgage Amount
$304,000
Land Transfer Taxes$4,175
Legal Fees (Est.)
$
Total cash required for closing$81,675

Total Monthly Obligation

$2,791/mo
Mortgage $1,533
Monthly Loss $2,388
Principal$403
Interest$1,129
Property Tax$107
Condo Fees$951
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.1%3
5-Year IRR
12.9%56
10-Year IRR
13.2%
Returns Index
29.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$33,528/yr
NOI
$15,074/yr
Net Cash Flow
-$277/mo
Cash Margin
-9.9%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
30.5/ 100

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

Comparables

Properties near 15 Torrance Road 1403

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.