15 Iceboat Terrace 2012, Toronto C01

$599,000
15 Iceboat Terrace 2012

$599,000

New
4d
Condo ApartmentApartment

15 Iceboat Terrace 2012, Toronto C01

Total Monthly Obligation $3,505

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
4d
Score
17
Yield
5.2%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-C14094574
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,844 (2026)
Maintenance-$651.5/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome To Iconic Parade Residences By Concord Adex! Famous For Its Signature Skybridge, This Desirable 20th-Floor Corner Suite Offers An Exceptional Downtown Living Experience. Approximately 630 Sq Ft Plus Balcony, Featuring A Northwest Exposure, Expansive City Views, And Stunning Floor-To-Ceiling Windows Wrapping Around The Corner Of The Primary Bedroom, Creating A Bright And Airy Feel. Functional 1-Bedroom-Plus-Den Layout With An Open-Concept Kitchen, Living And Dining Area, Spacious Primary Bedroom With Double Closets, And A Versatile Den Ideal For A Home Office. Includes 1 Parking Space And 1 Locker. Enjoy An Impressive Array Of Resort-Style Amenities, Including An Indoor Lap Pool, Hot Tub, Steam Rooms, Fitness Centre, Yoga And Dance Studios, Squash Court, Movie Theatre, Billiards, Ping-Pong, And Outdoor Lounge. Steps To 8-Acre Canoe Landing Park And Minutes To King West, The Entertainment District, And The Financial District. Experience The Best Of Downtown CityPlace Living!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,505/mo
Mortgage $2,416
Monthly Loss $2,869
Principal$636
Interest$1,780
Property Tax$237
Condo Fees$652
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$31,020/yr
NOI
$14,856/yr
Net Cash Flow
-$1,178/mo
Cash Margin
-45.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
22.8/ 100

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

Comparables

Properties near 15 Iceboat Terrace 2012

Time

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