15390 Yonge Street 406, Aurora

$437,800
15390 Yonge Street 406

$437,800

New
22d
Condo ApartmentApartment

15390 Yonge Street 406, Aurora

Total Monthly Obligation $2,879

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
22d
Score
21
Yield
7.1%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.6%
Property Type-Condo Apartment
MLS® Number-N13848174
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,110.24 (2025)
Maintenance-$736.8/mo
Locker-Exclusive
Parking-1 - Carport
Basement-None
Heating-Forced Air (Electric)
Brokerage-SUTTON GROUP-HERITAGE REALTY INC.
Cooling-None
Laundry-Yes
Fireplace-Living Room
Pool-None
Exterior-Brick
Possession-To Be Arranged
Neighbourhood-Aurora Village
Title-Residential Condo & Other

No agent assigned

Welcome To The Demand & Sought After Aurora Village "Devonshire Place" A Hidden Gem Located in the Heart of Aurora*Nestled in a Quiet Park like Setting With Public Transit At Your Door*This Desirable Neighborhood Is Walking distance to Aurora Town Park, Minutes to Go Train, Aurora Community Center, Library, Schools, Walking Trails & Is Just Steps away from the Lively Yonge Street Corridor*Fabulous Location*This 2 Bedroom 2 Bathroom Condo Offers A Covered Carport Parking Spot & Locker, Bright & Spacious Open Concept Living/Dining Room W/Walk-Out to Open Balcony That You Can Enjoy Your Morning Coffee or Tea, A Modern Family Size Kitchen W/Window & Stainless Steel Fridge & Stove, Luxury Vinyl Plank Flooring Through-Out, Mirrored Closet, Prime Bedroom W/Walk-In Closet & 3 Pce Ensuite Bathroom, Additional 2 Pce Bathroom For Guests, Bright Picture Windows & In-Suite Laundry Rm*It Doesn't Get Any Better Than This*Great Value for A Well Maintained Small Boutique Bldg & Lovely Suite*Please See Multimedia Attached, Picture Gallery, Slide Show & Walk-Through Video*Thank You For Showing*

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

Closing Costs

Mortgage Amount
$350,240
Land Transfer Taxes$5,231
Legal Fees (Est.)
$
Total cash required for closing$94,291

Total Monthly Obligation

$2,879/mo
Mortgage $1,766
Monthly Loss $2,414
Principal$465
Interest$1,301
Property Tax$176
Condo Fees$737
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.1%1
5-Year IRR
10.3%38
10-Year IRR
11.1%
Returns Index
19.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,984/yr
NOI
$14,534/yr
Net Cash Flow
-$555/mo
Cash Margin
-21.5%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.699
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
28.1/ 100

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

Comparables

Properties near 15390 Yonge Street 406

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.