1668 Locksley Lane, Beacon Hill North - South and Area

$399,900
1668 Locksley Lane

$399,900

New
8d
Condo Townhouse2-Storey

1668 Locksley Lane, Beacon Hill North - South and Area

Total Monthly Obligation $2,566

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
22
Yield
7.1%
Cash on Cash
-0.3%
Cap Rate
4.5%
5Y IRR
15.3%
10Y IRR
14.4%
Property Type-Condo Townhouse
MLS® Number-X14080704
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,849.6 (2026)
Maintenance-$515/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Brick
Possession-TBD
Neighbourhood-2105 - Beaconwood
Title-Residential Condo & Other

No agent assigned

A fantastic opportunity for first-time buyers and investors! This bright 2-bedroom, 2-bathroom stacked condo combines a spacious layout, two private balconies and valuable updates in a convenient location close to everyday amenities and public transit. The sun-filled living room offers a welcoming place to unwind, with a cozy gas fireplace and direct access to the first balcony. In the kitchen, stainless steel appliances, ample cabinetry and a bright breakfast nook surrounded by windows make everyday cooking and dining a pleasure. Upstairs, the generous primary bedroom features its own private balcony, the perfect spot for your morning coffee. The beautifully renovated main bathroom (2022) includes a double-sink vanity, while the second bedroom offers flexibility for guests or a home office. A second full bathroom on the main level, in-unit laundry and dedicated parking add everyday convenience. Updates include a gas furnace installed in 2023, updated gas fireplace burners and exhaust, and a washer and dryer replaced in 2024. Whether you're searching for your first home or adding to your investment portfolio, this move-in-ready condo deserves a closer look! Some photos are virtually staged.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,566/mo
Mortgage $1,613
Monthly Loss $2,141
Principal$424
Interest$1,189
Property Tax$237
Condo Fees$515
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.2%44
10-Year IRR
11.7%
Returns Index
23.0/ 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
$28,560/yr
NOI
$14,274/yr
Net Cash Flow
-$424/mo
Cash Margin
-17.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.3/ 100

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

Comparables

Properties near 1668 Locksley Lane

Time

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