1440 Heron Road 1010, Hunt Club - South Keys and Area

$244,900
1440 Heron Road 1010

$244,900

Price Change
29d
Condo ApartmentApartment

1440 Heron Road 1010, Hunt Club - South Keys and Area

Total Monthly Obligation $2,130

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
29d
Score
27
Yield
11.0%
Cash on Cash
5.9%
Cap Rate
5.8%
5Y IRR
20.3%
10Y IRR
18.5%
Property Type-Condo Apartment
MLS® Number-X13823150
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,245.99 (2026)
Maintenance-$754.76/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-CENTURY 21 ACTION POWER TEAM LTD.
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Flat
Foundation-Poured Concrete
Possession-November 2026
Neighbourhood-3802 - Heron Gate
Title-Residential Condo & Other

No agent assigned

Bright east facing corner design affording a clear view of the sunrise. Home is open concept living / dining / kitchen area which opens onto a balcony & has 2 bedrooms, 1 main bath and 1 en-suite bath. Offered with all kitchen appliances - fridge, stove, dishwasher, hood fan and it has it's own in unit laundry stacked washer dryer combination included. Building has an indoor pool, bike storage, underground entry to underground parking. closing to parks, walking trails, shopping, schools and services. May be available for rent or rent to own.

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

Closing Costs

Mortgage Amount
$195,920
Land Transfer Taxes$2,174
Legal Fees (Est.)
$
Total cash required for closing$52,654

Total Monthly Obligation

$2,130/mo
Mortgage $988
Monthly Loss $1,870
Principal$260
Interest$728
Property Tax$187
Condo Fees$755
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.3%4
5-Year IRR
14.5%68
10-Year IRR
14.7%
Returns Index
35.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$27,036/yr
NOI
$10,629/yr
Net Cash Flow
-$102/mo
Cash Margin
-4.5%2
Cash Flow Index
2.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo76
Risk Index
38.0/ 100

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

Comparables

Properties near 1440 Heron Road 1010

Time

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Data last updated within the past 24 hours.