2789 Eglinton Avenue E 429, Toronto E08

$585,000
2789 Eglinton Avenue E 429

$585,000

New
9d
Condo Townhouse2-Storey

2789 Eglinton Avenue E 429, Toronto E08

Total Monthly Obligation $3,317

Beds
3
Baths
3
Park
1
Sqft
1000-1199
DOM
9d
Score
20
Yield
5.8%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Condo Townhouse
MLS® Number-E14030220
Beds-3
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-0-5
Taxes-$2,846.72 (2026)
Maintenance-$520.03/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-TBD
Neighbourhood-Eglinton East
Title-Residential Condo & Other

No agent assigned

Rare 3-Bedroom Corner Townhome Under $585K in Toronto with 2 Private Balconies!...... Welcome to East Station Townhomes, a modern master-planned Mattamy community in vibrant East Toronto. This sun-drenched 1,123 sq. ft. Corner-suite offers an exceptionally versatile 2-storey layout designed for growing families, multi-generational living, or working from home. The bright open-concept main level features wrap-around corner windows, Modern Laminate Flooring, and a walk-out to your Private Balcony from the living room. The contemporary kitchen features Granite Countertops, Stainless Steel Appliances, and ample cabinetry, complemented by a convenient Main-Floor Bedroom and a 2-piece powder room. Upstairs features two spacious bedrooms, two full 4-piece washrooms, and convenient 2nd-floor in-suite laundry. The generous primary suite boasts a 4-piece ensuite washroom, double closets, and its own second private walk-out balcony. Includes 1 underground parking spot and high-speed internet included in the fee. Steps to TTC, minutes to Kennedy Subway Station (Line 2) and Eglinton GO (19 mins to Union Station), parks, schools, No Frills, and Walmart. Turnkey, vacant, and move-in ready!

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

Closing Costs

Mortgage Amount
$468,000
Land Transfer Taxes$8,175
Legal Fees (Est.)
$
Total cash required for closing$126,675

Total Monthly Obligation

$3,317/mo
Mortgage $2,360
Monthly Loss $2,696
Principal$621
Interest$1,739
Property Tax$237
Condo Fees$520
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.8%34
10-Year IRR
10.5%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,720/yr
NOI
$18,861/yr
Net Cash Flow
-$788/mo
Cash Margin
-28.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.0/ 100

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

Comparables

Properties near 2789 Eglinton Avenue E 429

Time

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