2400 Virginia Drive 310, Alta Vista and Area

$274,900
2400 Virginia Drive 310

$274,900

New
9d
Condo ApartmentApartment

2400 Virginia Drive 310, Alta Vista and Area

Total Monthly Obligation $2,256

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
9d
Score
24
Yield
9.8%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.4%
Property Type-Condo Apartment
MLS® Number-X14031624
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,270 (2026)
Maintenance-$758.05/mo
Locker-Exclusive
Parking-1 - Surface
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-3609 - Guildwood Estates - Urbandale Acres
Title-Residential Condo & Other

No agent assigned

Welcome to The Renaissance in Guildwood Estates! This spacious and bright 2-bedroom condominium offers a functional layout with generous living space and plenty of natural light. The combined living and dining area provides ample room for everyday living and entertaining, with access to a large balcony extending the full length of the apartment. The galley-style kitchen features a convenient eat-in area, with new taps, plumbing pipes, and shut-off valves installed in August 2026. The primary bedroom offers wood flooring, a walk-in closet, and direct access to the balcony. A good-sized second bedroom, full bathroom, and additional in-unit storage room complete the layout. One parking space and a storage locker are also included. Condo fees cover heat, hydro, and water, offering added convenience for monthly budgeting. Residents have access to a variety of building amenities, including a party room, guest suite, fitness room, sauna, library, laundry facilities, bicycle storage, and visitor parking. The building is pet-friendly, with restrictions permitting pets up to 40 lbs. Conveniently located within walking distance of public transit and close to parks, schools, recreation facilities, and other everyday amenities. A great opportunity for buyers looking for a spacious condominium with practical features and a range of building amenities.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$219,920
Land Transfer Taxes$2,599
Legal Fees (Est.)
$
Total cash required for closing$59,079

Total Monthly Obligation

$2,256/mo
Mortgage $1,109
Monthly Loss $1,964
Principal$292
Interest$817
Property Tax$189
Condo Fees$758
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.5%54
10-Year IRR
13.0%
Returns Index
27.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$26,988/yr
NOI
$10,523/yr
Net Cash Flow
-$232/mo
Cash Margin
-10.3%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
34.9/ 100

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

Comparables

Properties near 2400 Virginia Drive 310

Time

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