1320 Islington Avenue 1009, Toronto W08

$579,000
1320 Islington Avenue 1009

$579,000

Price Change
29d
Condo ApartmentApartment

1320 Islington Avenue 1009, Toronto W08

Total Monthly Obligation $3,795

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
29d
Score
17
Yield
6.2%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-W13823278
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,923.45 (2026)
Maintenance-$1,015.75/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-IMMD/TBA
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Dare to compare! Overlooking the Montgomery's Inn and Tom Riley Park, just a five-minute walk from Islington Station, surrounded by cafés, restaurants, boutiques and every amenity, including a twenty-four-hour grocery only steps away, this charming, freshly-painted, 938sq.ft unit (as per builder's Plan), has 2 bedrooms(split), and 2 bathrooms with brand new fridge (2026), brand new stove (2024 oven never used),is located in the elegant and impeccably maintained Barclay Terrace North Building, in historic Islington Village. Residents enjoy swimming under skylights in the generously-sized pool, relaxing in the jacuzzi and hot tub, taking exercise in the fully-equipped fitness room with the availability of free fitness classes, as well as squash, tennis and pickle-ball courts, using the library and games room, playing snooker, being able to host private events for friends-and-family in the banquet room...or simply relaxing in the fine weather surrounded by the award-winning gardens of the private courtyard, which also features a barbecue. In addition to offering corner-views that encompass the Toronto Skyline, this end-unit offers exceptional privacy, as well as opportunities for community, with a schedule of weekly social activities and events, including on-site feature-film showings, while also providing the peace of mind of twenty-four-hour security and a courteously-staffed concierge desk. With so many comforts and conveniences at hand, along with its pleasing and functional layout, this bright and spacious premier condominium is the perfect place to call home.

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

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,795/mo
Mortgage $2,336
Monthly Loss $3,180
Principal$615
Interest$1,721
Property Tax$244
Condo Fees$1,016
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.7%22
10-Year IRR
9.0%
Returns Index
11.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,120/yr
NOI
$14,996/yr
Net Cash Flow
-$1,086/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
21.5/ 100

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

Comparables

Properties near 1320 Islington Avenue 1009

Time

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