185 Legion Road N 2017, Toronto W06

$549,000
185 Legion Road N 2017

$549,000

New
7d
Condo ApartmentApartment

185 Legion Road N 2017, Toronto W06

Total Monthly Obligation $3,352

Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
17
Yield
5.4%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Condo Apartment
MLS® Number-W14086668
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,133.12 (2026)
Maintenance-$759.66/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CAPITAL NORTH REALTY CORPORATION
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete Poured
Possession-30 Days
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Welcome to Unit 2017 at "The Tides at Mystic Pointe"-the perfect blend of urban sophistication, low-maintenance living, and resort-style luxury. This impeccably maintained gem features a bright, sun-drenched layout anchored by spectacular floor-to-ceiling windows with breathtaking, unobstructed panoramic views. The open-concept kitchen comes beautifully equipped with rich cabinetry, a timeless subway tile backsplash, and a functional breakfast island topped with premium granite countertops. Boasting modern geometric light fixtures, this immaculate suite is completely move-in ready. Includes 1 exceptionally convenient, owned parking space. Buyers will love the rare, budget-friendly peace of mind with all-inclusive maintenance fees covering utilities (hydro, heat, and water)! Enjoy premier building amenities: a gorgeous outdoor pool, fully equipped fitness center, squash courts, and beautifully appointed lounges. Unbeatable location steps to Mimico GO Station (one stop to Downtown!), Grand Ave Park, Humber Bay Shores, and waterfront trails. Indulge in local legendary spots like San Remo Bakery, Revolver Pizza, and Jimmy's Coffee right outside your door. A quick 10-15 minute drive connects you straight to Downtown Toronto or the Airport. Don't miss this standout opportunity!

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

Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$3,352/mo
Mortgage $2,215
Monthly Loss $2,769
Principal$583
Interest$1,632
Property Tax$178
Condo Fees$760
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.8%18
10-Year IRR
8.3%
Returns Index
10.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$29,688/yr
NOI
$13,070/yr
Net Cash Flow
-$1,125/mo
Cash Margin
-45.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.5/ 100

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

Comparables

Properties near 185 Legion Road N 2017

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.