15 James Findlay Way 631, Toronto W05

$529,000
15 James Findlay Way 631

$529,000

New
19d
Condo ApartmentApartment

15 James Findlay Way 631, Toronto W05

Total Monthly Obligation $3,237

Bed+Den
2+1
Baths
2
Park
1
Sqft
600-699
DOM
19d
Score
17
Yield
5.1%
Cash on Cash
-8.5%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-W13859950
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 4, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,723.96 (2025)
Maintenance-$675.83/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Brick
Possession-Flexible
Neighbourhood-Downsview-Roding-CFB
Title-Residential Condo & Other

No agent assigned

UNIT BEING SOLD FULLY FURNISHED AS PICTURED - JUST MOVE IN AND ENJOY! Welcome to ION Condos! This beautifully maintained 1+1 bedroom, 2 FULL bathroom suite combines style, functionality, and convenience in a highly connected Toronto location. Featuring 9-foot ceilings, laminate flooring throughout, stainless steel appliances, modern finishes, and a bright open-concept living space, this suite offers a comfortable and versatile layout. The generously sized den provides valuable additional space and can easily function as a second bedroom, home office, study, or additional living area. Take in impressive views of the CN Tower and Toronto skyline, creating a beautiful city backdrop to enjoy from the comfort of home. Adding even more value, the unit is being sold FULLY FURNISHED AS PICTURED, making this a truly turnkey opportunity. Simply bring your personal belongings and move right in, or have the suite ready for your next tenant with minimal effort. The unit also includes 1 underground parking space and 1 locker for added convenience and storage. ION Condos is a well-maintained building offering a great selection of amenities, including a fitness centre, party room ,and 24-hour concierge service. Enjoy the convenience of being just minutes from Yorkdale Shopping Centre, Costco, Walmart, Metro, Shoppers Drug Mart, Humber River Hospital, York University, schools, parks, restaurants, shopping ,and everyday essentials. Commuters will appreciate convenient access to TTC public transit and Highways 401 and 400, making it easy to travel throughout Toronto and the GTA. With shopping, dining, healthcare, education, recreation, and major transportation routes all within easy reach, this location offers an excellent balance of convenience and connectivity. **UNIT CAN BE SOLD UNFURNISHED FOR $499,900**

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,237/mo
Mortgage $2,134
Monthly Loss $2,675
Principal$562
Interest$1,572
Property Tax$227
Condo Fees$676
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.7%13
10-Year IRR
7.4%
Returns Index
7.8/ 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
$26,796/yr
NOI
$10,882/yr
Net Cash Flow
-$1,227/mo
Cash Margin
-54.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
23.8/ 100

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

Comparables

Properties near 15 James Findlay Way 631

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.