840 Queens Plate Drive 1512, Toronto W10

$385,000
840 Queens Plate Drive 1512

$385,000

New
21d
Condo ApartmentApartment

840 Queens Plate Drive 1512, Toronto W10

Total Monthly Obligation $2,476

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
500-599
DOM
21d
Score
22
Yield
7.0%
Cash on Cash
-0.9%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-W13858460
Bed+Den-2+1
Bathrooms-2
Size-500-599 sqft
Listed on site-Oct 2, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,299.96 (2025)
Maintenance-$531.04/mo
Locker-Ensuite+Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate
Neighbourhood-West Humber-Clairville
Title-Residential Condo & Other

No agent assigned

The Executive Luxury Lexington Condominium with 1 Bed + Den + 2 Full Washrooms Condo Located Close To All Amenities such as Woodbine Mall, Woodbine Race Track, Etobicoke General Hospital And Humber College. Easy Access To Highways 27, 427, 409, 401, And 407And Hwy 407 and Close To Pearson International Airport. Minutes to New Finch LRT Station Humber college Starting soon and future Go Station coming soon too. Great Location, Location, Location!!!

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

Closing Costs

Mortgage Amount
$308,000
Land Transfer Taxes$4,250
Legal Fees (Est.)
$
Total cash required for closing$82,750

Total Monthly Obligation

$2,476/mo
Mortgage $1,553
Monthly Loss $2,067
Principal$409
Interest$1,144
Property Tax$192
Condo Fees$531
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.7%40
10-Year IRR
11.3%
Returns Index
21.1/ 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
$26,952/yr
NOI
$13,184/yr
Net Cash Flow
-$454/mo
Cash Margin
-20.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.7/ 100

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

Comparables

Properties near 840 Queens Plate Drive 1512

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.