250 Gershwin Private, Bells Corners and South to Fallowfield

$319,900
250 Gershwin Private

$319,900

New
2d
Condo Townhouse2-Storey

250 Gershwin Private, Bells Corners and South to Fallowfield

Total Monthly Obligation $2,220

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
2d
Score
29
Yield
9.2%
Cash on Cash
6.4%
Cap Rate
6.0%
5Y IRR
20.7%
10Y IRR
18.9%
Property Type-Condo Townhouse
MLS® Number-X14103856
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,673 (2025)
Maintenance-$507/mo
Locker-None
Parking-1 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-REMAX BOARDWALK REALTY
Cooling-None
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-TBD
Neighbourhood-7802 - Westcliffe Estates
Title-Residential Condo & Other

No agent assigned

Welcome to this charming terrace home in the sought-after Westcliffe Estates, where modern comfort meets timeless style. The bright eat-in kitchen offers ample counter space and a convenient breakfast bar, perfect for casual meals or morning coffee. The open-concept living and dining area provides an inviting setting for entertaining or relaxing at home. The main floor also features a powder room and in-unit laundry for added convenience. The lower level boasts two generously sized bedrooms, a versatile den ideal for a home office, family room or guest space, and a full bathroom. Complete with a dedicated parking space for secure and easy access, this beautiful terrace home is one you won't want to miss.

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

Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$2,220/mo
Mortgage $1,290
Monthly Loss $1,881
Principal$340
Interest$951
Property Tax$223
Condo Fees$507
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.8%35
Cash-on-Cash
-0.4%7
5-Year IRR
15.7%75
10-Year IRR
15.4%
Returns Index
40.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 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
$29,328/yr
NOI
$15,238/yr
Net Cash Flow
-$21/mo
Cash Margin
-0.8%4
Cash Flow Index
4.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9826
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo73
Risk Index
39.1/ 100

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

Comparables

Properties near 250 Gershwin Private

Time

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