15277 Yonge Street 512, Aurora

$649,000
15277 Yonge Street 512

$649,000

New
7d
Condo ApartmentApartment

15277 Yonge Street 512, Aurora

Total Monthly Obligation $4,195

Beds
2
Baths
2
Park
1
Sqft
900-999
DOM
7d
Score
16
Yield
5.8%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-N14086954
Beds-2
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,011.44 (2026)
Maintenance-$1,042.48/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Other)
Brokerage-CENTURY 21 ATRIA REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30-60
Neighbourhood-Aurora Village
Title-Residential Condo & Other

No agent assigned

Welcome to Centro Condos in historic Aurora Village. This freshly painted 2 bedroom, 2 bathroom suite offers 979 square feet of interior space with a spacious 103 square foot balcony. Located in a quiet, well maintained building, the condo provides a peaceful setting that is well suited for empty nesters looking to downsize while maintaining comfortable living space. The interior features a split bedroom layout that provides privacy between the two sleeping quarters. High ceilings, floor-to-ceiling windows. The kitchen includes quartz countertops, stainless steel appliances, and a centre island. On one side of the home, the primary suite offers a walk-in closet and an ensuite bathroom. The second bedroom sits on the opposite side near the second full bathroom, making it suitable for guests or a home office. In-suite laundry and storage are also included. Residents have access to building amenities including a fitness room, a party room with an outdoor terrace and visitor parking. The building is situated within walking distance of daily necessities, including local cafes, restaurants, shops, Longo's grocery store, and Town Park. Transit access is available via VIVA bus stops along Yonge Street outside the building and the nearby Aurora GO Station, which connects directly to downtown Toronto. Highway 404 is also a short drive away. furniture is virtually staged

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$4,195/mo
Mortgage $2,618
Monthly Loss $3,506
Principal$689
Interest$1,929
Property Tax$334
Condo Fees$1,042
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.5%16
10-Year IRR
8.1%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,320/yr
NOI
$14,667/yr
Net Cash Flow
-$1,396/mo
Cash Margin
-44.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.6/ 100

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

Comparables

Properties near 15277 Yonge Street 512

Time

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