15 James Finlay Way 703, Toronto W05

$485,000
15 James Finlay Way 703

$485,000

New
18d
Condo ApartmentApartment

15 James Finlay Way 703, Toronto W05

Total Monthly Obligation $3,143

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
18d
Score
19
Yield
6.4%
Cash on Cash
-4.5%
Cap Rate
3.6%
5Y IRR
12.0%
10Y IRR
11.8%
Property Type-Condo Apartment
MLS® Number-W13861480
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,900.44 (2025)
Maintenance-$744.62/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 NEW CONCEPT
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-30 To 60 Days
Neighbourhood-Downsview-Roding-CFB
Title-Residential Condo & Other

No agent assigned

Welcome to Suite 703 at 15 James Finlay Way. A Spacious And Elegant Interior Of Nine Foot High Ceilings of 745 SqFt Condo Plus A Beautiful 105 SqFt Patio For A Total Of 850 Square Feet. A Stylish And Efficiently Designed 1+1 Bdrm Unit Perfect For First-Time Buyers, Downsizer's And Those Seeking Stylish Urban Living. Stunning West-Facing Condo With Amazing Sunset Views In Desirable Downsview, Spacious 1 Bedroom+Enclosed Den & 2-Baths. Functional Layout Features Open Concept Living Space, Large Windows & Natural Light, Gourmet Chef's Kitchen W/Stainless Steel Appliances, Granite Counters, Modern Backsplash & Double Sink, Large Enclosed Den That Is Used As A 2nd Bdrm. This Bright & Functional Space Offers An Open-Concept Layout That Maximizes Every Square Foot Creating A Comfortable & Versatile Living Environment. The Kitchen Features Cabinetry And Practical Counter Space Seamlessly Flowing Into The Living And Dining Area. Large Window's Allow For Plenty Of Natural Light Giving The Unit An Airy And Inviting Feel Throughout The Day. The Thoughtfully Designed Layout Provides Flexibility For Spacious Living Making It Easy To Customize The Space To Suit Your Lifestyle. Enjoy The Convenience Of In-Suite Laundry & A Well-Maintained Building That Offers A Range Of Desirable Amenities, Including A Fitness Center, Party Room And 24-Hour Concierge Service. Ideally Situated Just Minutes From Yorkdale Mall, Costco, WalMart, Metro, Shoppers Drug Mart, Public Transit-T.T.C., Major Highways-401+400, Schools, Parks, Humber River Hospital, York University And A Variety Of Dining And Shopping Options. This Condo Provides The Perfect Balance Of Convenience And Connectivity. A Fantastic Opportunity To Own An Affordable Unit In A Sought-After Toronto Community. Includes 1 Underground Parking And 1 Locker. 9 Foot Ceilings.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$3,143/mo
Mortgage $1,956
Monthly Loss $2,628
Principal$515
Interest$1,442
Property Tax$242
Condo Fees$745
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
13.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,936/yr
NOI
$13,607/yr
Net Cash Flow
-$822/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo51
Risk Index
25.3/ 100

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

Comparables

Properties near 15 James Finlay Way 703

Time

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Data last updated within the past 24 hours.