1505 Baseline Road 601, Belair Park - Copeland Park and Area

$294,990
1505 Baseline Road 601

$294,990

Price Change
60d
Condo ApartmentApartment

1505 Baseline Road 601, Belair Park - Copeland Park and Area

Total Monthly Obligation $2,282

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
60d
Score
26
Yield
9.6%
Cash on Cash
4.1%
Cap Rate
5.5%
5Y IRR
18.8%
10Y IRR
17.3%
Property Type-Condo Apartment
MLS® Number-X13707652
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Aug 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,401 (2025)
Maintenance-$691.94/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/Flexible
Neighbourhood-5406 - Copeland Park
Title-Residential Condo & Other

No agent assigned

INCREDIBLE OPPORTUNITY AND PRICED TO SELL! Welcome to Unit 601 at 1505 Baseline Road - an excellent investment opportunity, ideal for retirees looking to downsize or for a young family or professional starting out. This bright RARE END-unit, 2-bedroom, 1-bathroom condo is situated in a fantastic location close to shopping, recreation, and Algonquin College. Enjoy a range of upgrades completed by the current owners, including new parquet flooring, a new fridge (2020), a new stove and hood fan (2021), and a fresh coat of paint in the living/dining area and both bedrooms (July 2023).The unit offers two generously sized bedrooms and a full bathroom, while the open-concept living and dining area is filled with natural light and features large balcony doors overlooking the beautifully landscaped grounds. Condo fees cover nearly everything - HEAT, HYDRO, WATER - along with access to fantastic building amenities including a gym, indoor and outdoor pools, and a library. Moreover, 1 UNDERGROUND PARKING SPOT and A LOCKER!. All this within walking distance to a shopping centre, restaurants, public transit, and more. Book your showing today!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$235,992
Land Transfer Taxes$2,900
Legal Fees (Est.)
$
Total cash required for closing$63,398

Total Monthly Obligation

$2,282/mo
Mortgage $1,190
Monthly Loss $1,969
Principal$313
Interest$877
Property Tax$200
Condo Fees$692
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.7%63
10-Year IRR
13.9%
Returns Index
32.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$28,272/yr
NOI
$12,341/yr
Net Cash Flow
-$162/mo
Cash Margin
-6.9%1
Cash Flow Index
1.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8618
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
35.9/ 100

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

Comparables

Properties near 1505 Baseline Road 601

Time

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Data last updated within the past 24 hours.