60 Town Centre Court 2605, Toronto E09

$350,000
60 Town Centre Court 2605

$350,000

New
4d
Condo ApartmentApartment

60 Town Centre Court 2605, Toronto E09

Total Monthly Obligation $2,229

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
4d
Score
26
Yield
7.8%
Cash on Cash
3.2%
Cap Rate
5.3%
5Y IRR
18.1%
10Y IRR
16.7%
Property Type-Condo Apartment
MLS® Number-E14097236
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$1,588.33 (2026)
Maintenance-$484.71/mo
Locker-Owned
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bendale
Title-Residential Condo & Other

No agent assigned

Sought after location steps Scarborough Town Centre, great for first time buyers/investors. Bright and spacious East facing unit with a practical layout. 24 hours concierge. Well maintained, one locker is included, walk to public transit, LRT, shopping mall, mins to 401. Do not miss out on this beautiful unit.

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

Closing Costs

Mortgage Amount
$280,000
Land Transfer Taxes$3,725
Legal Fees (Est.)
$
Total cash required for closing$75,225

Total Monthly Obligation

$2,229/mo
Mortgage $1,412
Monthly Loss $1,857
Principal$372
Interest$1,040
Property Tax$132
Condo Fees$485
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.6%61
10-Year IRR
13.6%
Returns Index
31.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$27,252/yr
NOI
$14,722/yr
Net Cash Flow
-$185/mo
Cash Margin
-8.1%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
36.5/ 100

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

Comparables

Properties near 60 Town Centre Court 2605

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.