40 Ed Clark Gardens Boulevard 15, Toronto W03

$675,000
40 Ed Clark Gardens Boulevard 15

$675,000

New
3d
Condo TownhouseStacked Townhouse

40 Ed Clark Gardens Boulevard 15, Toronto W03

Total Monthly Obligation $3,932

Beds
2
Baths
3
Park
1
Sqft
900-999
DOM
3d
Score
18
Yield
5.5%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Townhouse
MLS® Number-W14099870
Beds-2
Bathrooms-3
Size-900-999 sqft
Listed on site-Oct 20, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$3,928.63 (2026)
Maintenance-$682.34/mo
Locker-Owned
Parking-1 - Underground
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ELEVATE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flex
Neighbourhood-Weston-Pellam Park
Title-Residential Condo & Other

No agent assigned

Your Own Front Door In The City, Under $700K. No Lobby, No Elevator: A Private Entrance Off Your Own Terrace. This Corner 2 Bedroom, 2.5 Bath Stacked Townhouse In Reunion Crossing (Built 2023) Gets Excellent Light From Two Exposures And Comes With TWO Private Outdoor Spaces, Parking With An EV Charger, And TWO Side-By-Side Lockers. Move-In Ready, Incredibly Well Maintained, Main Level: Open Concept Living And Dining With Wide-Plank Floors, A Powder Room For Guests, And A Kitchen Upgraded From The Builder With Quartz Counters, Chevron Marble Backsplash, Custom Cabinetry, Stainless Steel Appliances, Under-Cabinet Lighting, Soft-Close Everything And An Island With Seating. Custom Storage Is Built In Everywhere It Counts: Kitchen And Dining Area, Living Room, Lower Hallway, Even Shoe Cabinets On The Stair Landing. Motorized Roller Shades. Lower Level: A Primary Suite With Mirrored Closets, An Upgraded Vanity And A Fully Enclosed Glass Walk-In Shower, Plus Its Own Walkout To A Private Garden Terrace With Natural Gas BBQ Hookup And Hose Connection. The Second Bedroom Also Works As A Nursery, Guest Room Or Home Office. A Second Full Bath And Ensuite Laundry Finish The Level. Individually Controlled Heating And Central Air. In The Associated Condo Building: Gym, Party Room, Games Room, Dog Spa And Parcel Room, All On The Ground Floor Of The Main Building, Plus A Shared Outdoor Terrace On The 8th Floor. Out The Door: S.A.D.R.A. Park And Splash Pad Are Truly Just Steps Away, Stock Yards Village About A 10 Minute Walk For Nations Fresh Foods, LCBO, PetSmart And Every Errand You Could Have. The Junction (Coffee, Breweries, Saturday Farmers' Market) And Corso Italia Minutes Away. The Big One: Metrolinx Is Building The New Stockyards UP Express Station A Block From Home (Union And Pearson On One Line), Part Of A Major Transit And Road Investment In This Corner Of The City That Includes A Rebuilt St. Clair Underpass. Here, You Are Buying Ahead Of It.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$540,000
Land Transfer Taxes$9,975
Legal Fees (Est.)
$
Total cash required for closing$146,475

Total Monthly Obligation

$3,932/mo
Mortgage $2,723
Monthly Loss $3,216
Principal$716
Interest$2,006
Property Tax$327
Condo Fees$682
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.4%25
10-Year IRR
9.4%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,260/yr
NOI
$19,017/yr
Net Cash Flow
-$1,138/mo
Cash Margin
-36.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
21.3/ 100

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

Comparables

Properties near 40 Ed Clark Gardens Boulevard 15

Time

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