88 Sheppard Avenue E 409, Toronto C14

$427,000
88 Sheppard Avenue E 409

$427,000

New
21d
Condo ApartmentBachelor/Studio

88 Sheppard Avenue E 409, Toronto C14

Total Monthly Obligation $2,397

Beds
0
Baths
1
Park
0
Sqft
0-499
DOM
21d
Score
20
Yield
5.3%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Condo Apartment
MLS® Number-C13856144
Beds-0
Bathrooms-1
Size-0-499 sqft
Listed on site-Oct 2, 2026
Style-Bachelor/Studio
Building Type-Condo Apartment
Age-0-5
Taxes-$1,998 (2026)
Maintenance-$308.19/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Willowdale East
Title-Residential Condo & Other

No agent assigned

Prime location at centre of North York, Luxury , convenient Minto 88. Bachelor unit with 200 sqft Terrance / western exposure. Open concept layout. Amaingamenities including large gym, BBQ area, Outdoor patio Yoga Studio. Walking distance to Sheppard suwaystationmalls, grocery, restaurant, civic centre, minutes to 404, 401.

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

Closing Costs

Mortgage Amount
$341,600
Land Transfer Taxes$5,015
Legal Fees (Est.)
$
Total cash required for closing$91,915

Total Monthly Obligation

$2,397/mo
Mortgage $1,722
Monthly Loss $1,944
Principal$453
Interest$1,269
Property Tax$167
Condo Fees$308
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%27
10-Year IRR
9.6%
Returns Index
14.6/ 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
$22,788/yr
NOI
$12,413/yr
Net Cash Flow
-$688/mo
Cash Margin
-36.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
31.5/ 100

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

Comparables

Properties near 88 Sheppard Avenue E 409

Time

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Data last updated within the past 24 hours.