8 Drummond Street 413, Toronto W06

$469,000
8 Drummond Street 413

$469,000

New
9d
Condo TownhouseStacked Townhouse

8 Drummond Street 413, Toronto W06

Total Monthly Obligation $2,539

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
9d
Score
22
Yield
5.7%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Condo Townhouse
MLS® Number-W14081180
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 14, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$2,209.86 (2026)
Maintenance-$263.01/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Stone
Possession-Flexible
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Enjoy the convenience of Mimico living in this one-bedroom, one-bathroom stacked townhome at 8 Drummond St. With approximately 540 sq. ft., two private entrances and a practical open-concept layout, this home makes use of every inch of square footage. The kitchen features white cabinetry, S/S appliances, a subway tile backsplash and a breakfast bar overlooking the living area. Crown moulding, pot lights and window shutters add character, while in-suite laundry, one parking space and a locker cover the everyday essentials. Mimico GO Station is just a short walk away, making the downtown commute easy. Nearby grocery shopping (No Frills), local bakeries (SanRemo), cafés and restaurants along Royal York Road put daily errands close to home, with neighbourhood parks and waterfront trails within easy reach. A great option for first-time buyers or anyone looking to simplify.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,539/mo
Mortgage $1,892
Monthly Loss $2,041
Principal$498
Interest$1,394
Property Tax$184
Condo Fees$263
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.7%41
10-Year IRR
11.2%
Returns Index
21.3/ 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
$26,796/yr
NOI
$16,350/yr
Net Cash Flow
-$529/mo
Cash Margin
-23.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
31.3/ 100

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

Comparables

Properties near 8 Drummond Street 413

Time

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