390 Dixon Road 1603, Toronto W09

$425,000
390 Dixon Road 1603

$425,000

New
17d
Condo ApartmentApartment

390 Dixon Road 1603, Toronto W09

Total Monthly Obligation $2,800

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
17d
Score
24
Yield
8.0%
Cash on Cash
2.6%
Cap Rate
5.1%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Condo Apartment
MLS® Number-W13872540
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$1,059 (2026)
Maintenance-$797.71/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Baseboard (Other)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Window Unit(s)
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Brick Front
Foundation-Concrete
Possession-TBD
Neighbourhood-Kingsview Village-The Westway
Title-Residential Condo & Other

No agent assigned

Don't Miss This One-of-a-Kind Gem! This rarely available 2-bedroom condo features a spacious layout with a separate kitchen and laundry room, plus a large terrace-style balcony with sun-soaked southern exposure. Freshly painted and move-in ready, It offers low monthly maintenance fees that include building insurance, common elements, cable TV, heating, parking, and wate. Located in a high-demand area with TTC at your doorstep, minutes from highways, shopping, Humber College, and the GO station. Enjoy resort-style amenities like an indoor pool, gym, rec room, and more. Don't miss this perfect opportunity to enter the market before it's gone!

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

Closing Costs

Mortgage Amount
$340,000
Land Transfer Taxes$4,975
Legal Fees (Est.)
$
Total cash required for closing$91,475

Total Monthly Obligation

$2,800/mo
Mortgage $1,714
Monthly Loss $2,349
Principal$451
Interest$1,263
Property Tax$88
Condo Fees$798
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.2%4
5-Year IRR
13.4%61
10-Year IRR
13.5%
Returns Index
31.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$34,128/yr
NOI
$17,684/yr
Net Cash Flow
-$241/mo
Cash Margin
-8.5%1
Cash Flow Index
0.9/ 100
Risk Profile
Weight: 20%
DSCR
0.8617
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
31.2/ 100

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

Comparables

Properties near 390 Dixon Road 1603

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.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.