11 Thorncliffe Pk Drive 1009, Toronto C11

$385,000
11 Thorncliffe Pk Drive 1009

$385,000

New
4d
Condo ApartmentApartment

11 Thorncliffe Pk Drive 1009, Toronto C11

Total Monthly Obligation $2,836

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
800-899
DOM
4d
Score
21
Yield
8.1%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Condo Apartment
MLS® Number-C14095826
Bed+Den-2+1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,840 (2025)
Maintenance-$929.26/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Immediate/flexible
Neighbourhood-Thorncliffe Park
Title-Residential Condo & Other

No agent assigned

Discover a rare, high-value opportunity in the prestigious Leaside Park community with The Burgess model suite. This 808-square-foot residence has been exceptionally well maintained by the same owner since 1993, representing a strong, stable asset with immense upside. The intelligent, open-concept layout maximizes square footage, featuring seamless living-to-kitchen flow and a highly versatile flex space-perfect for maximizing rental potential as a den, home office, or guest room. Value-add features include an included parking space, storage locker, and generous in-suite storage. Situated in a high-demand neighborhood close to major retail hubs, schools, and medical facilities, the property boasts incredible future appreciation backed by the enhanced connectivity of the new Metrolinx line. On site management office, security guard, and visitors parking! Party room and meeting room, billiards room, fitness room and more! Property is sold "As Is"-a definitive turnkey lifestyle investment or prime portfolio addition.

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Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$2,836/mo
Mortgage $1,553
Monthly Loss $2,427
Principal$409
Interest$1,144
Property Tax$153
Condo Fees$929
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.4%1
5-Year IRR
10.2%37
10-Year IRR
11.1%
Returns Index
19.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,996/yr
NOI
$12,505/yr
Net Cash Flow
-$511/mo
Cash Margin
-19.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo57
Risk Index
28.2/ 100

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

Comparables

Properties near 11 Thorncliffe Pk Drive 1009

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.