2785 Baseline Road 215, Parkway Park - Queensway Terrace S and Area

$399,000
2785 Baseline Road 215

$399,000

New
58d
Condo ApartmentApartment

2785 Baseline Road 215, Parkway Park - Queensway Terrace S and Area

Total Monthly Obligation $2,733

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1000-1199
DOM
58d
Score
17
Yield
5.7%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Condo Apartment
MLS® Number-X13716336
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Aug 26, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,982 (2025)
Maintenance-$675/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Stone, Other
Possession-Flexible
Neighbourhood-6301 - Redwood Park
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2-bedroom, 2-full-bathroom south-facing corner unit, offering plenty of natural sunlight throughout the day! This well-appointed condo features hardwood floors in the main living areas, ceramic tile in the bathrooms, granite countertops, large windows, and 9-foot ceilings throughout. Enjoy expanded closet space and more storage than most condos, along with the convenience of in-unit laundry, an on-demand water heater, and forced-air heating with a high-efficiency gas furnace. The unit includes an underground parking space and storage locker, with convenient visitor parking available near the building entrance. Ideally located with quick access to Highway 416 and 417, Queensway Carleton Hospital, Algonquin College-making it an excellent option for investors-Bayshore Shopping Centre, IKEA, DND, and numerous other amenities. Condo fees include building maintenance and water. Enjoy a bright, sunny, and carefree condo lifestyle in a fantastic location!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,733/mo
Mortgage $1,609
Monthly Loss $2,309
Principal$424
Interest$1,186
Property Tax$249
Condo Fees$675
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.8%10
10-Year IRR
6.9%
Returns Index
6.4/ 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
$22,824/yr
NOI
$7,060/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-53.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
27.2/ 100

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

Comparables

Properties near 2785 Baseline Road 215

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.