20 Meadowglen Place 329, Toronto E09

$395,000
20 Meadowglen Place 329

$395,000

New
3d
Common Element CondoApartment

20 Meadowglen Place 329, Toronto E09

Total Monthly Obligation $2,376

Bed+Den
2+1
Baths
1
Park
1
Sqft
500-599
DOM
3d
Score
22
Yield
6.4%
Cash on Cash
-1.2%
Cap Rate
4.3%
5Y IRR
14.6%
10Y IRR
13.9%
Property Type-Common Element Condo
MLS® Number-E14101394
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Common Element Condo
Age-0-5
Taxes-$1,806.76 (2026)
Maintenance-$431.85/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-SMART SOLD REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Concrete
Possession-Flex/TBA
Neighbourhood-Woburn
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 329 at ME2 Condos, a bright and functional 554 sqft residence ready for its next owner. The modern open concept kitchen features granite counter top, stainless steel appliances and flows seamlessly into the living room, complete with a walkout to an open balcony and a bright west-facing view that fills the space with natural light.The versatile den can easily be enclosed to create a private bedroom or home office, or left open as a comfortable dining area, making the layout exceptionally flexible. The primary bedroom offers a west view and closet, while the full bathroom includes a tub. Ensuite stacked washer and dryer add everyday convenience.Residents enjoy an impressive list of amenities including 24-hour concierge, ample visitor parking, a fully equipped gym, theatre room, guest suites, and a rooftop patio with outdoor pool and party room. A commercial plaza is located right next door for added convenience. Ideally situated close to Scarborough Town Centre, Highway 401, Centennial College, and the University of Toronto Scarborough campus, this suite is perfect for end users or investors seeking a turnkey opportunity in a well-managed building.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$316,000
Land Transfer Taxes$4,400
Legal Fees (Est.)
$
Total cash required for closing$84,900

Total Monthly Obligation

$2,376/mo
Mortgage $1,593
Monthly Loss $1,956
Principal$419
Interest$1,174
Property Tax$151
Condo Fees$432
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.6%40
10-Year IRR
11.2%
Returns Index
20.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$25,464/yr
NOI
$13,529/yr
Net Cash Flow
-$466/mo
Cash Margin
-22.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
32.7/ 100

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

Comparables

Properties near 20 Meadowglen Place 329

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.