408 Browns Line 106, Toronto W06

$445,000
408 Browns Line 106

$445,000

New
9d
Condo ApartmentApartment

408 Browns Line 106, Toronto W06

Total Monthly Obligation $2,680

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
9d
Score
20
Yield
5.9%
Cash on Cash
-3.8%
Cap Rate
3.8%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Condo Apartment
MLS® Number-W14033258
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,730 (2025)
Maintenance-$457.56/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SECURITY REAL ESTATE
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Roof-Unknown
Foundation-Unknown
Possession-90
Neighbourhood-Alderwood
Title-Residential Condo & Other

No agent assigned

Welcome to Bline Condos at 408 Browns Line! Discover modern living in this bright and spacious1-bedroom suite in the desirable Alderwood community of Etobicoke. This thoughtfully designed suite features a functional open-concept layout with a generous living area, contemporary finishes, and plenty of natural light. Enjoy an exceptional location just minutes from the waterfront, including Marie Curtis Park, Marie Curtis Park Beach, Lakeshore Park, and scenic walking trails. An array of local amenities, including cafés, restaurants, parks, shops, and Sherway Gardens, are all conveniently located nearby. Commuters will appreciate easy access to Highway 427, the QEW/Gardiner Expressway, and TTC public transit, making travel throughout Toronto and surrounding areas convenient. A great opportunity for first-time buyers, professionals, or investors seeking modern living in a desirable and well-connected Etobicoke neighborhood. The unit is currently tenanted on a month-to-month basis. Monthly rent is $2,100, plus utilities.

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

Closing Costs

Mortgage Amount
$356,000
Land Transfer Taxes$5,375
Legal Fees (Est.)
$
Total cash required for closing$95,875

Total Monthly Obligation

$2,680/mo
Mortgage $1,795
Monthly Loss $2,208
Principal$472
Interest$1,323
Property Tax$228
Condo Fees$458
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.8%28
10-Year IRR
9.8%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$26,328/yr
NOI
$13,074/yr
Net Cash Flow
-$705/mo
Cash Margin
-32.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
28.9/ 100

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

Comparables

Properties near 408 Browns Line 106

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.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.