115 Mcmahon Drive 2511, Toronto C15

$699,000
115 Mcmahon Drive 2511

$699,000

New
8d
Condo ApartmentApartment

115 Mcmahon Drive 2511, Toronto C15

Total Monthly Obligation $4,433

HausQ Valuation Report
Bed+Den
4+1
Baths
2
Park
1
Sqft
1000-1199
DOM
8d
Score
16
Yield
5.6%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-C14034796
Bed+Den-4+1
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$4,758.29 (2026)
Maintenance-$1,016.43/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROMPTON REAL ESTATE SERVICES CORP.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Bright & Spacious 3 Bedroom + Den Luxury Condo In Prestigious Bayview Village. Beautiful Panoramic SW Unobstructed City View With 1118 Sf + 245 Sf Balcony. Floor To Ceiling Window. Open Concept Living Area With 9Ft Ceiling. High End Modern Finished Kitchen With B/I Appliances & Luxury Bathrooms. Walking Distance To 2 Subway Stations. Oriole Go Train Station Nearby. Easy Access To Hwys 401, 404 & DVP. Close To Bayview Village, Fairview Mall, NY General Hospital, IKEA, And More. Features Touchless Car Wash. Access To 80,000Sf Megaclub; Tennis/Basket Crt/Swimming Pool/Bowling/Dance Studio Etc.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,433/mo
Mortgage $2,820
Monthly Loss $3,691
Principal$742
Interest$2,078
Property Tax$397
Condo Fees$1,016
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.4%16
10-Year IRR
8.0%
Returns Index
9.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$38,916/yr
NOI
$15,669/yr
Net Cash Flow
-$1,514/mo
Cash Margin
-46.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.8/ 100

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

Comparables

Properties near 115 Mcmahon Drive 2511

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.

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Data last updated within the past 24 hours.