260 Scarlett Road 402, Toronto W03

$588,000
260 Scarlett Road 402

$588,000

New
29d
Condo ApartmentApartment

260 Scarlett Road 402, Toronto W03

Total Monthly Obligation $3,838

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
29d
Score
18
Yield
6.5%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-W13823232
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$2,478.41 (2026)
Maintenance-$1,059.46/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EMPOWERED REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Rockcliffe-Smythe
Title-Residential Condo & Other

No agent assigned

** LIVE THE SUITE LIFE @ LAMBTON SQUARE!! ** Premium 2 Bedroom 1 Bathroom Floor Plan * 1,206 Total Square Feet Including Massive Private Balcony * Prized Unobstructed & Panoramic Exposure * For All You Low Floor Lovers, Enjoy Peaceful Treed, Garden, Park & River Views...Be One With Nature! * Super Efficient Updated Kitchen With Full White Appliance Package, Wood Cabinetry, Extended Pantry, Loads Of Storage & Prep Space Plus Generous Breakfast Area * Spacious Dining Room Overlooking Gigantic Sunken Living Room * HUGE Primary Bedroom Retreat Complete With Oversized Walk-In Closet * Large Second Bedroom * Updated 4-Piece Washroom * Ensuite Laundry Room * Elegant & Rich Wood Flooring Throughout...No Carpet! * Newer Windows, HVAC System & Thermostats * Well Maintained & Shows True Pride Of Ownership * Clean As A Whistle! * Dine Al Fresco...Electric BBQ's Allowed * All-Inclusive Maintenance Fee: Heat, Central Air Conditioning, Hydro, Water, Rogers Cable TV, Rogers Fibre Internet, Underground Garage Parking Space & Storage Locker, Common Elements & Building Insurance * Pet Friendly * Well Managed Building With Professional, Friendly & Helpful On-Site Property Management & Superintendent * Resort-Like Amenities Including Outdoor Pool, Fully Equipped Gym, Saunas, Party Room, Car Wash, Library...* Central Location Close To Everything...Shopping, Dining, Schools, Pearson International & Billy Bishop Airports, Hwy 400, 401, 427, QEW * 1 Bus To Subway/Bloor West Village/The Junction * Upcoming LRT! ** THEY DON'T MAKE THEM LIKE THIS ANYMORE...THIS IS THE ONE YOU'VE BEEN WAITING FOR!! **

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

Closing Costs

Mortgage Amount
$470,400
Land Transfer Taxes$8,235
Legal Fees (Est.)
$
Total cash required for closing$127,335

Total Monthly Obligation

$3,838/mo
Mortgage $2,372
Monthly Loss $3,214
Principal$624
Interest$1,748
Property Tax$207
Condo Fees$1,059
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.7%27
10-Year IRR
9.8%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$38,256/yr
NOI
$16,838/yr
Net Cash Flow
-$969/mo
Cash Margin
-30.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.7/ 100

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

Comparables

Properties near 260 Scarlett Road 402

Time

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Data last updated within the past 24 hours.