18 Hillcrest Avenue 1505, Toronto C14

$699,000
18 Hillcrest Avenue 1505

$699,000

New
2d
Condo ApartmentApartment

18 Hillcrest Avenue 1505, Toronto C14

Total Monthly Obligation $4,226

Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
2d
Score
17
Yield
5.7%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-C14102352
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,905.61 (2026)
Maintenance-$881.2/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Willowdale East
Title-Residential Condo & Other

No agent assigned

Welcome to one of those condos that actually feels like a home! This spacious 1072 square ft corner suite offers 2 bedrooms, 2 bathrooms, a smart split bedroom floorplan & beautiful south and soaring unobstructed east views over the surrounding neighbourhood! Gorgeous green views the summer, spectacular colours of fall and a snow covered village in the winter! Freshly painted throughout with new luxury vinyl plank flooring & upgraded light fixtures, it is bright, clean and ready to move into while still offering plenty of opportunity to make it your own over time. A proper entrance foyer gives you space to arrive before opening into the generously sized living & dining rooms, with room for house-sized furniture and a walkout to the east-facing balcony where the view really shines. The large eat-in kitchen offers an abundance of cabinet & counter space plus a separate breakfast area with its own window. The split bedroom layout provides excellent privacy, with a spacious primary bedroom featuring ample closet space & a private ensuite, while the 2nd bedroom is located on the opposite side of the suite with another full bathroom nearby. Includes locker plus rare tandem parking. And the location is hard to beat! Empress Plaza II offers direct underground access to North York centre subway & Empress Walk, putting shopping, restaurants, Cineplex, library, North York Civic Centre & Yonge Street at your doorstep. Building amenities incl 24 hr concierge/security, gym, sauna, squash court, party room & visitor parking. Close to McKee PS, Bayview MS & Earl Haig SS, with easy access to Hwy 401, 404 & DVP.

$
$
%
%
$
$
$
(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

$4,226/mo
Mortgage $2,820
Monthly Loss $3,484
Principal$742
Interest$2,078
Property Tax$325
Condo Fees$881
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.9%23
10-Year IRR
9.1%
Returns Index
12.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$39,624/yr
NOI
$18,782/yr
Net Cash Flow
-$1,254/mo
Cash Margin
-38.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.0/ 100

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

Comparables

Properties near 18 Hillcrest Avenue 1505

Time

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Data last updated within the past 24 hours.