385 The East Mall #60, Toronto W08

$799,000
385 The East Mall #60

$799,000

New
23d
Condo Townhouse2-Storey

385 The East Mall #60, Toronto W08

Total Monthly Obligation $4,312

Beds
2
Baths
3
Park
1
Sqft
1200-1399
DOM
23d
Score
18
Yield
5.1%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Townhouse
MLS® Number-W13845174
Beds-2
Bathrooms-3
Size-1200-1399 sqft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,476.34 (2025)
Maintenance-$599.3/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flex Closing
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Bright, stylish, and move-in ready, this beautifully renovated condo townhouse at 385 The East Mall #60 offers an inviting layout ideal for professionals, small families, or anyone seeking a well-connected, low-maintenance lifestyle. Step inside to a sun-filled main floor featuring an open-concept living and dining area with hardwood flooring, perfect for everyday living or entertaining, seamlessly flowing into a crisp, modern kitchen that has been tastefully renovated with granite countertops, a breakfast bar, porcelain flooring, ample cabinetry, and upgraded stainless steel appliances (except the fridge), including a newer Samsung smart range. Enjoy effortless indoor-outdoor living with a walk-out to the deck and fully fenced yard, ideal for morning coffee, summer barbecues, or quiet evenings at home. Upstairs, two generous bedrooms each offer walk-in closets and private, renovated ensuite bathrooms with modern finishes; the primary suite serves as a serene retreat, while the second bedroom is enhanced by a charming Juliette balcony that fills the space with natural light. The finished basement adds valuable living space with a renovated recreation room and upgraded laundry area with sink, complementing the home's carpet-free interior and thoughtful updates throughout the kitchen, bathrooms, and all principal rooms. Also close to Highway 427, public transit, and downtown, this home offers exceptional convenience with quick access to parks, schools, libraries, places of worship, shops, dining, and everyday amenities. Meticulously maintained and thoughtfully upgraded, this townhome truly has it all-style, comfort, and location-and you'll fall in love the moment you step inside; it's even better in person than in photos. **Listing contains virtually staged photos**

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,312/mo
Mortgage $3,223
Monthly Loss $3,464
Principal$848
Interest$2,375
Property Tax$290
Condo Fees$599
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.7/ 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
$40,524/yr
NOI
$23,404/yr
Net Cash Flow
-$1,273/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
20.1/ 100

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

Comparables

Properties near 385 The East Mall #60

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.