2835 Islington Avenue 209, Toronto W05

$364,000
2835 Islington Avenue 209

$364,000

New
19d
Condo ApartmentApartment

2835 Islington Avenue 209, Toronto W05

Total Monthly Obligation $2,468

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
19d
Score
25
Yield
8.2%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Condo Apartment
MLS® Number-W13860160
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,128 (2026)
Maintenance-$706/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Other (Electric)
Brokerage-HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate/tba
Neighbourhood-Humber Summit
Title-Residential Condo & Other

No agent assigned

Spacious, bright 958 sqft upgraded 2 bdr unit in well maintained building, 1- 4pc & 1 2-pc washroom, no carpet, 2nd floor front/West facing unit with private open balcony. Upgraded kitchen, bathrooms and floors. Great location-Steps to Finch West LRT and buses. Mins to several highways and Pearson airport. Rowntree Mills Park across the street with walking/riding trails. Close to many amenities, shopping, Humber college and York university. Includes Ensuite laundry/locker and 1 parking. Brand new carpet in corridors.

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

Closing Costs

Mortgage Amount
$291,200
Land Transfer Taxes$3,935
Legal Fees (Est.)
$
Total cash required for closing$78,235

Total Monthly Obligation

$2,468/mo
Mortgage $1,468
Monthly Loss $2,082
Principal$386
Interest$1,082
Property Tax$94
Condo Fees$706
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
13.2%59
10-Year IRR
13.4%
Returns Index
30.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$29,868/yr
NOI
$14,881/yr
Net Cash Flow
-$228/mo
Cash Margin
-9.2%1
Cash Flow Index
0.8/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo66
Risk Index
33.7/ 100

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

Comparables

Properties near 2835 Islington Avenue 209

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