190 Hwy 20 W 505A, Pelham

$649,900
190 Hwy 20 W 505A

$649,900

Price Change
21d
Condo Apartment1 Storey/Apt

190 Hwy 20 W 505A, Pelham

Total Monthly Obligation $4,527

Beds
3
Baths
2
Park
1
Sqft
1800-1999
DOM
21d
Score
25
Yield
8.9%
Cash on Cash
3.6%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Condo Apartment
MLS® Number-X13859198
Beds-3
Bathrooms-2
Size-1800-1999 sqft
Listed on site-Oct 2, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$4,451 (2025)
Maintenance-$1,334.95/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Other
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Wall Unit(s)
Laundry-Yes
Fireplace-Electric
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-662 - Fonthill
Title-Residential Condo & Other

No agent assigned

Life is better in the Penthouse! Welcome to unit 505A at 190 Highway 20 West. This exceptional and rare accessible 3 bedroom, 2 bathroom condo offers over 1900 sq ft of living space and offers spectacular views of beautiful Pelham/Fonthill. Step inside to find seemingly endless windows complete with remote powered blinds, gorgeous hardwood floors, spacious living spaces and every convenience you could want. The open concept living/dining room is bright, inviting and the perfect place to entertain loved ones. The glassed in sunroom is the perfect place to enjoy a morning coffee/tea or is ready to become an amazing office space. The eat in kitchen features stainless steel appliances, granite counters, glass and oak cabinets. In-suite Laundry is a huge bonus & a rare find. The main bathroom has been outfitted with a new walk-in tub and accessible toilet complete with bidet. The huge primary bedroom is easy to navigate and has its own private ensuite bathroom that has also been outfitted with accessible supports. A in ground pool, bbqs, party room, gym, games room, sauna and gorgeous green spaces/gardens are included in the amenities available to residents. The exclusive locker and underground parking spot are located in the basement not far from the elevator. Easy access to world class golf (Lookout & the Hawk), downtown Fonthill shopping and restaurants, Shorthills Provincial Park and both the QEW and 406. Living an easy condo lifestyle doesn't mean you have to downsize drastically - don't delay!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$4,527/mo
Mortgage $2,622
Monthly Loss $3,838
Principal$690
Interest$1,932
Property Tax$371
Condo Fees$1,335
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.8%5
5-Year IRR
14.6%69
10-Year IRR
14.5%
Returns Index
35.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$57,648/yr
NOI
$29,013/yr
Net Cash Flow
-$204/mo
Cash Margin
-4.2%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
24.1/ 100

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

Comparables

Properties near 190 Hwy 20 W 505A

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.