60 Mendelssohn Street 115, Toronto E04

$449,000
60 Mendelssohn Street 115

$449,000

New
18d
Condo ApartmentApartment

60 Mendelssohn Street 115, Toronto E04

Total Monthly Obligation $2,651

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
18d
Score
21
Yield
6.2%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Condo Apartment
MLS® Number-E13860448
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$1,892.76 (2025)
Maintenance-$482.01/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-UNION REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Stucco (Plaster)
Possession-Flexible
Neighbourhood-Clairlea-Birchmount
Title-Residential Condo & Other

No agent assigned

Beautifully updated ground-floor unit where modern comfort meets everyday convenience. Steps to Warden Subway Station for an easy downtown commute, with the upcoming LRT adding even more connectivity. Surrounded by Taylor Creek and Warden Woods Trails, parks, and community centres, this location is ideal for an active lifestyle.The unit features upgraded vinyl flooring, pot lights in the living room and kitchen, a renovated washroom, and a stylish kitchen backsplash with updated cabinet hardware. Enjoy updated appliances including fridge, stove/oven, microwave, dishwasher, and laundry machine. Exceptional convenience throughout: ground-floor access with no elevator required, only one neighbouring unit, and located steps from the lobby doors for easy entry when carrying groceries or larger items. The unit sits directly across from the garbage/recycling room - a practical bonus in a building without chutes. Wide parking spot included. Residents enjoy access to a state-of-the-art recreation facility with gym and ball courts. Tim Hortons is right across the street, and the building is known for its quiet atmosphere. A great opportunity to own in a vibrant, well-connected community with everything you need just minutes away.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,651/mo
Mortgage $1,811
Monthly Loss $2,174
Principal$477
Interest$1,335
Property Tax$158
Condo Fees$482
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.2%37
10-Year IRR
10.9%
Returns Index
19.6/ 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
$27,804/yr
NOI
$14,947/yr
Net Cash Flow
-$566/mo
Cash Margin
-24.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.9/ 100

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

Comparables

Properties near 60 Mendelssohn Street 115

Time

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