785 Browns Line 305, Toronto W06

$348,000
785 Browns Line 305

$348,000

New
15d
Co-op Apartment1 Storey/Apt

785 Browns Line 305, Toronto W06

Total Monthly Obligation $2,398

Beds
2
Baths
1
Park
1
Sqft
700-799
DOM
15d
Score
31
Yield
9.4%
Cash on Cash
7.3%
Cap Rate
6.2%
5Y IRR
21.5%
10Y IRR
19.5%
Property Type-Co-op Apartment
MLS® Number-W13875410
Beds-2
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-1 Storey/Apt
Building Type-Co-op Apartment
Age-51-99
Maintenance-$794.48/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Alderwood
Title-Residential Condo & Other

No agent assigned

Welcome to Alderwood Towers! This spacious southeast corner 2-bedroom co-operative apartment offers an affordable opportunity to live in the heart of Alderwood. Enjoy generous principal rooms, plenty of storage, air conditioning, a rare feature in the building, and the convenience of included parking. No rentals permitted. This is an owner-occupied co-operative building. The well-maintained building features an outdoor pool, visitor parking and on-site laundry. Monthly maintenance fees include property taxes, helping to keep monthly carrying costs predictable. Ideally located steps from Alderwood Plaza, including Farm Boy and everyday amenities, with TTC nearby and easy access to Sherway Gardens, Long Branch GO, Highway 427, the QEW, parks and trails. A fantastic opportunity for first-time buyers, downsizers or anyone looking for a spacious home in a convenient South Etobicoke location.

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

Closing Costs

Mortgage Amount
$278,400
Land Transfer Taxes$3,695
Legal Fees (Est.)
$
Total cash required for closing$74,795

Total Monthly Obligation

$2,398/mo
Mortgage $1,404
Monthly Loss $2,029
Principal$369
Interest$1,034
Condo Fees$794
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.7%9
5-Year IRR
16.6%80
10-Year IRR
16.1%
Returns Index
43.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$32,556/yr
NOI
$17,367/yr
Net Cash Flow
$43/mo
Cash Margin
1.6%6
Cash Flow Index
6.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0329
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo68
Risk Index
38.6/ 100

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

Comparables

Properties near 785 Browns Line 305

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.

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Data last updated within the past 24 hours.