231 Fort York Boulevard 2603, Toronto C01

$988,000
231 Fort York Boulevard 2603

$988,000

New
7d
Condo ApartmentApartment

231 Fort York Boulevard 2603, Toronto C01

Total Monthly Obligation $5,438

HausQ Valuation Report
Bed+Den
3+1
Baths
2
Park
1
Sqft
900-999
DOM
7d
Score
16
Yield
4.5%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-C14087604
Bed+Den-3+1
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,627 (2026)
Maintenance-$950.63/mo
Locker-Owned
Parking-1 - Underground
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-SMART SOLD REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60-89 days
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Wake up to breathtaking panoramic lake views in this light-filled 2-bedroom + den, 2-bath suite where the lake is the backdrop to everyday living.Wrap-around floor-to-ceiling windows frame spectacular water views from the living areas and beyond, with 9-ft ceilings amplifying the bright, airy feel. Morning light over the lake, sailboats by day, sparkling skyline reflections at night - it's all part of the home.The desirable layout offers a modern kitchen, primary bedroom with large closet, 4-pc ensuite and views to wake up to, spacious second bedroom, den, and private balcony made for lake gazing. 1 parking + 1 locker included.Resort-style building with pool, rooftop terrace, gym, sauna, and 24-hr concierge, steps to Queens Quay, Financial District, shopping, TTC, DVP and Gardiner. Walking distance to Budweiser Stage, BMO Field, Exhibition Place, The Bentway, with King & Queen West and Liberty Village nearby.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$790,400
Land Transfer Taxes$16,235
Legal Fees (Est.)
$
Total cash required for closing$215,335

Total Monthly Obligation

$5,438/mo
Mortgage $3,985
Monthly Loss $4,389
Principal$1,049
Interest$2,937
Property Tax$302
Condo Fees$951
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-12.0%0
5-Year IRR
6.3%15
10-Year IRR
7.8%
Returns Index
9.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$44,268/yr
NOI
$22,407/yr
Net Cash Flow
-$2,118/mo
Cash Margin
-57.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo27
Risk Index
16.6/ 100

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

Comparables

Properties near 231 Fort York Boulevard 2603

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.