1201 Steeles Avenue W 308, Toronto C07

$688,800
1201 Steeles Avenue W 308

$688,800

New
8d
Condo ApartmentApartment

1201 Steeles Avenue W 308, Toronto C07

Total Monthly Obligation $4,285

Bed+Den
4+1
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
16
Yield
5.6%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-C14082734
Bed+Den-4+1
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,217 (2025)
Maintenance-$1,122/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Westminster-Branson
Title-Residential Condo & Other

No agent assigned

Welcome To 1201 Steeles Ave W, Unit 308. This Bright And Spacious 3 Bedroom Condo Offers Approximately 1,370 Sq Ft Of Comfortable Living Space With An Open-Concept Layout Connecting The Kitchen, Dining And Living Areas. The Updated Kitchen Features Granite Countertops, Stainless Steel Appliances, Pot Lights And A Breakfast Bar. Enjoy Updated Bathrooms, Laminate Flooring, Smooth Ceilings, Crown Moulding And Great Location Near Steeles And Dufferin, Close To Shopping, Restaurants, Grocery Stores, Schools, Parks And Public Transit, With Easy Access To Major Roads And Everyday Amenities. A Great Opportunity For Families, Downsizers Or Anyone Looking For Space And Convenience In A Well-Connected Neighbourhood!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$551,040
Land Transfer Taxes$10,251
Legal Fees (Est.)
$
Total cash required for closing$149,511

Total Monthly Obligation

$4,285/mo
Mortgage $2,778
Monthly Loss $3,554
Principal$731
Interest$2,047
Property Tax$185
Condo Fees$1,122
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.3/ 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
$38,508/yr
NOI
$16,576/yr
Net Cash Flow
-$1,397/mo
Cash Margin
-43.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.5/ 100

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

Comparables

Properties near 1201 Steeles Avenue W 308

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.