335 Driftwood Avenue 608, Toronto W05

$335,000
335 Driftwood Avenue 608

$335,000

New
21d
Condo ApartmentApartment

335 Driftwood Avenue 608, Toronto W05

Total Monthly Obligation $2,559

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
21d
Score
23
Yield
9.0%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.6%
Property Type-Condo Apartment
MLS® Number-W13854444
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$751.06 (2026)
Maintenance-$945.33/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60-90 Days
Neighbourhood-Black Creek
Title-Residential Condo & Other

No agent assigned

Welcome to this well-maintained 2-bedroom, 1-bathroom unit. Spacious unit with natural light. Separate eat-in kitchen with large living room space. Balcony with beautiful views. En-suite laundry with storage space. One extra long underground parking spot for 1.5 cars. All-inclusive maintenance fees. The windows and balcony doors were upgraded by Condo Management in April 2026. Ideally located near York Univerisity, major amenities, parks, and highways. Amazing option for first-time buyers or investors.

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

Closing Costs

Mortgage Amount
$268,000
Land Transfer Taxes$3,500
Legal Fees (Est.)
$
Total cash required for closing$72,000

Total Monthly Obligation

$2,559/mo
Mortgage $1,351
Monthly Loss $2,204
Principal$356
Interest$996
Property Tax$63
Condo Fees$945
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.2%2
5-Year IRR
12.1%50
10-Year IRR
12.6%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$30,000/yr
NOI
$12,505/yr
Net Cash Flow
-$309/mo
Cash Margin
-12.4%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.7713
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.7/ 100

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

Comparables

Properties near 335 Driftwood Avenue 608

Time

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Data last updated within the past 24 hours.