1928 Lakeshore Boulevard W 2005, Toronto W01

$499,000
1928 Lakeshore Boulevard W 2005

$499,000

New
7d
Condo ApartmentApartment

1928 Lakeshore Boulevard W 2005, Toronto W01

Total Monthly Obligation $3,151

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
7d
Score
21
Yield
7.0%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-W14088842
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,675.42 (2026)
Maintenance-$631.64/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE FRONTIER REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBD
Neighbourhood-South Parkdale
Title-Residential Condo & Other

No agent assigned

welcome to Mirabella Condos on the shores of Lake Ontario. Bright and spacious 2-bedroom, 2-bathroom suite of approx. 772 sq ft with an open concept layout, 9 ft ceilings and floor-to-ceiling windows filling the space with natural light. Laminate flooring throughout. Well-appointed kitchen with quartz counters and built-in appliances. Primary bedroom with 3-piece ensuite and closet. Walk-out to open balcony. Includes 1 owned parking space and 1 owned locker. Building offers 24-hour concierge, indoor pool, gym, yoga studio, party/meeting room, business centre, guest suites, rooftop deck with BBQ and visitor parking. Steps to the waterfront trail, Sunnyside Beach and High Park, minutes to Bloor West Village, TTC, Gardiner Expressway and downtown

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,151/mo
Mortgage $2,013
Monthly Loss $2,621
Principal$530
Interest$1,483
Property Tax$306
Condo Fees$632
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.2%44
10-Year IRR
11.7%
Returns Index
23.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$34,992/yr
NOI
$17,838/yr
Net Cash Flow
-$526/mo
Cash Margin
-18.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
26.8/ 100

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

Comparables

Properties near 1928 Lakeshore Boulevard W 2005

Time

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