115 McMahon Drive 310, Toronto C15

$599,000
115 McMahon Drive 310

$599,000

New
22d
Condo ApartmentApartment

115 McMahon Drive 310, Toronto C15

Total Monthly Obligation $3,628

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
22d
Score
17
Yield
5.5%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Apartment
MLS® Number-C13847380
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,740 (2025)
Maintenance-$700/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROMPTON REAL ESTATE SERVICES CORP.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30-59 days
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Beautifully Designed 2-Bedroom, 2-Bathroom Corner Suite Featuring 793 Sq. Ft. Of Interior Living Space Plus An Expansive 155 Sq. Ft. Balcony. Functional Split-Bedroom Layout Offers Added Privacy, With An Open-Concept Kitchen, Living And Dining Area Ideal For Everyday Living And Entertaining. Large Windows Along Two Sides Of The Suite Welcome Natural Light. The Primary Bedroom Features A Walk-In Closet And Private Ensuite, While The Second Bedroom Includes Its Own Closet And Convenient Access To The Main Bathroom. In-Suite Laundry And An Entry Closet Add Everyday Convenience. An Inviting Layout With A Generous Balcony For Outdoor Relaxation.

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,628/mo
Mortgage $2,416
Monthly Loss $2,992
Principal$636
Interest$1,780
Property Tax$312
Condo Fees$700
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.3%20
10-Year IRR
8.7%
Returns Index
11.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$32,916/yr
NOI
$15,084/yr
Net Cash Flow
-$1,159/mo
Cash Margin
-42.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.2/ 100

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

Comparables

Properties near 115 McMahon Drive 310

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.