228 Bonis Avenue E 2705, Toronto E05

$685,000
228 Bonis Avenue E 2705

$685,000

New
22d
Condo Apartment1 Storey/Apt

228 Bonis Avenue E 2705, Toronto E05

Total Monthly Obligation $4,072

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
22d
Score
18
Yield
5.7%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-E13848848
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,422.21 (2026)
Maintenance-$823.69/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CHESTNUT PARK REAL ESTATE LIMITED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30/60 /TBA
Neighbourhood-Tam O'Shanter-Sullivan
Title-Residential Condo & Other

No agent assigned

Luxurious Tridel Built. The Highlands at Tam-O'Shanter. Unobstructed panoramic south and east views from this 3-bedroom, 2-bath corner suite, overlooking the city and the golf course. An abundance of natural light. First time offered by its owner. Approximately 1,568 sq ft as per floor plans. Newly laid vinyl flooring in the 3 bedrooms, the living and dining rooms, no broadloom in the suite. Marble floor at the entryway. Separate step-in shower in primary ensuite. Huge living space and very comfortable primary bedroom. Well balanced and proportioned. 1 parking space on level P1, 188 near the elevator and 1 locker #234. Top-notch amenities for the residents to enjoy, with an indoor pool, gym, party room/meeting room, ample visitor parking indoor and outdoor. 24/7 gatehouse security. Golf course adjacent to the building, cannot be more convenient. Close to transit, shops and restaurants. Steps to the GO Train station. Easy access to the highway.|

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Closing Costs

Mortgage Amount
$548,000
Land Transfer Taxes$10,175
Legal Fees (Est.)
$
Total cash required for closing$148,675

Total Monthly Obligation

$4,072/mo
Mortgage $2,763
Monthly Loss $3,345
Principal$727
Interest$2,036
Property Tax$285
Condo Fees$824
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.5%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$38,904/yr
NOI
$19,307/yr
Net Cash Flow
-$1,154/mo
Cash Margin
-35.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.7/ 100

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

Comparables

Properties near 228 Bonis Avenue E 2705

Time

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