235 Sherway Gardens Road 1609, Toronto W08

$449,800
235 Sherway Gardens Road 1609

$449,800

New
29d
Condo ApartmentApartment

235 Sherway Gardens Road 1609, Toronto W08

Total Monthly Obligation $2,724

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
29d
Score
20
Yield
6.0%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-W13823302
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,096.37 (2025)
Maintenance-$534.53/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Welcome To 235 Sherway Garden Unit 1609, Absolutely Gorgeous One Bedroom Plus Den In Popular One Sherway Tower. Open Concept Kitchen, Living And Dining. Unobstructed View Allows For Plenty Of Light All Day. This Lovely Unit Features Hardwood Flooring Throughout, 9Ft Ceilings, Private Large Balcony, Ensuite Laundry And Much More. White Kitchen With Stainless Steel Fridge/Stove, Backsplash And Breakfast Bar. Den is Perfect for a Home Office. 1 Underground Parking And 1 Locker. Top Notch Amenities, Including: 24-Hour Concierge Service, New Uneekor Golf Simulator, Fitness Center, Indoor Pool, Hot Tub And Sauna, Party Room, Guest Suites, Visitor Parking, Top Dining Options, Library, Media Room, Yoga Room, Games Room (Billiards And Ping Pong). Other Great Features Include Possibility To Set Up EV Charging. Walking Distance To Sherway Gardens Mall, Great Restaurants, Shopping And TTC At Your Doorsteps. Mins To Hwy 427, QEW & Gardener. Move In & Enjoy!

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

Closing Costs

Mortgage Amount
$359,840
Land Transfer Taxes$5,471
Legal Fees (Est.)
$
Total cash required for closing$96,931

Total Monthly Obligation

$2,724/mo
Mortgage $1,814
Monthly Loss $2,246
Principal$477
Interest$1,337
Property Tax$175
Condo Fees$535
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.9%28
10-Year IRR
9.9%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,880/yr
NOI
$13,281/yr
Net Cash Flow
-$708/mo
Cash Margin
-31.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
28.6/ 100

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

Comparables

Properties near 235 Sherway Gardens Road 1609

Time

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Data last updated within the past 24 hours.