15 Holmes Avenue 2204, Toronto C14

$839,000
15 Holmes Avenue 2204

$839,000

New
6d
Condo ApartmentApartment

15 Holmes Avenue 2204, Toronto C14

Total Monthly Obligation $4,844

Beds
3
Baths
2
Park
1
Sqft
900-999
DOM
6d
Score
16
Yield
4.9%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.7%
Property Type-Condo Apartment
MLS® Number-C14090746
Beds-3
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 17, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$5,102.62 (2026)
Maintenance-$834.49/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ATRIUM HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-Willowdale East
Title-Residential Condo & Other

No agent assigned

Client RemarksWelcome To Azura Condominiums By Capital Developments. This Stunning 3-Bedroom, 2-Bathroom Suite Offers 908 Sqft Of Interior + 319 Sqft Terrace With Unobstructed Views. All three bedrooms feature windows and can comfortably accommodate queen-sized beds-true functional space for families. A Modern Kitchen With Upgraded Built-In Appliances And Breakfast Bar, Seamlessly Connected To The Open-Concept Living And Dining Area, Tasteful Lighting Fixtures. Ideally Located Just South Of Yonge & Finch In The Highly Sought-After Willowdale East Community, Steps To Top-Rated Restaurants, Shops, Schools, Parks, Places Of Worship, And Convenient Access To Public Transit, Including Finch, Yonge, And Sheppard Subway Stations.

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

Closing Costs

Mortgage Amount
$671,200
Land Transfer Taxes$13,255
Legal Fees (Est.)
$
Total cash required for closing$182,555

Total Monthly Obligation

$4,844/mo
Mortgage $3,384
Monthly Loss $3,953
Principal$891
Interest$2,494
Property Tax$425
Condo Fees$834
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.6%16
10-Year IRR
8.1%
Returns Index
9.5/ 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
$41,148/yr
NOI
$19,517/yr
Net Cash Flow
-$1,758/mo
Cash Margin
-51.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.8/ 100

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

Comparables

Properties near 15 Holmes Avenue 2204

Time

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Data last updated within the past 24 hours.