185 Legion Road N 315, Toronto W06

$675,000
185 Legion Road N 315

$675,000

New
15d
Condo Apartment2-Storey

185 Legion Road N 315, Toronto W06

Total Monthly Obligation $4,316

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
2
Sqft
900-999
DOM
15d
Score
16
Yield
5.3%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Condo Apartment
MLS® Number-W13874898
Bed+Den-2+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Condo Apartment
Taxes-$2,877 (2026)
Maintenance-$1,153.33/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/BAYVIEW REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Welcome to The Tides! This rarely available two level loft feels like living in a townhouse! Two premium parking spots (not tandem!) and locker on the same floor create unique convenience unusual in condo living as no elevator is required. Renovated kitchen and washrooms, new blinds, hardwood throughout. A very functional layout with living, dining and entertainment on main level, and private quarters on upper level. Huge w/in closet (previously a den converted by builder), walkout to balcony and ensuite complete the principle bedroom haven. Laundry on upper floor. Guest suites on same floor as unit! All-inclusive maintenance fees. Incredible amenities including outdoor pool with sundeck and track, gym, yoga and cycling studio, sauna, squash court, business center, billiards, library, theatre, party room, and more! Experience resort-like, luxury living at The Tides condos! Walking Distance To Lake, TTC, Grocery Stores, Mimico Village, Biking & Walking Trails Along The Waterfront. Direct Bus (or walk) To Mimico Go, Short Drive Downtown, 2 Min Drive To Gardiner Expressway. Some photos have been virtually staged.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$4,316/mo
Mortgage $2,723
Monthly Loss $3,599
Principal$716
Interest$2,006
Property Tax$240
Condo Fees$1,153
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.7%0
5-Year IRR
5.2%11
10-Year IRR
7.1%
Returns Index
6.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$35,472/yr
NOI
$12,808/yr
Net Cash Flow
-$1,655/mo
Cash Margin
-56.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
18.9/ 100

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

Comparables

Properties near 185 Legion Road N 315

Time

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Data last updated within the past 24 hours.