627 The West Mall 1507, Toronto W08

$625,000
627 The West Mall 1507

$625,000

New
14d
Condo ApartmentApartment

627 The West Mall 1507, Toronto W08

Total Monthly Obligation $4,007

Bed+Den
4+1
Baths
2
Park
1
Sqft
1400-1599
DOM
14d
Score
20
Yield
7.0%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Apartment
MLS® Number-W13883238
Bed+Den-4+1
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 9, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,025.7 (2026)
Maintenance-$1,116.81/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Other)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Eringate-Centennial-West Deane
Title-Residential Condo & Other

No agent assigned

Welcome to Summit Royal Condos. Bright, spacious, and beautifully renovated, this stunning 3+1 bedroom, 2 full bathroom bungalow-style suite offers approximately 1,500 sq. ft. of comfortable living space - perfect for first-time buyers, downsizers, and savvy investors alike. Move-in ready, the suite features a renovated kitchen, fresh paint throughout, new lighting, updated hardware, and freshly lacquered parquet flooring. Enjoy spectacular unobstructed southern panoramic views from nearly every room, including the living room, den, primary bedroom, second bedroom, and third bedroom, filling the home with incredible natural light throughout the day. Step onto the balcony, which could easily fit a patio set for 6, and take in the breathtaking skyline views - including the CN Tower on clear sunny days. A rare oversized ensuite laundry/storage room adds exceptional in-suite storage and convenience. Located in the well-maintained Summit Royal Condos, residents enjoy outstanding amenities including indoor and outdoor pools, sauna, fitness centre, recreation room, bike storage, and ample visitor parking. Commuters will appreciate the unbeatable location with quick access to Highways 427, 401, and the QEW/Gardiner, making travel across the GTA seamless. The all-inclusive maintenance fees provide exceptional value and peace of mind, covering heat, hydro, water, cable, internet, building insurance, and common elements. Surrounded by grocery stores, shopping, schools, parks, trails, and public transit, this bright and spacious suite offers the perfect blend of comfort, convenience, and lifestyle in a prime location.

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

Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$4,007/mo
Mortgage $2,521
Monthly Loss $3,343
Principal$663
Interest$1,858
Property Tax$169
Condo Fees$1,117
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.7%40
10-Year IRR
11.3%
Returns Index
21.1/ 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
$43,596/yr
NOI
$21,409/yr
Net Cash Flow
-$737/mo
Cash Margin
-20.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
22.2/ 100

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

Comparables

Properties near 627 The West Mall 1507

Time

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