1505 Baseline Road 807, Belair Park - Copeland Park and Area

$389,000
1505 Baseline Road 807

$389,000

New
23d
Condo ApartmentApartment

1505 Baseline Road 807, Belair Park - Copeland Park and Area

Total Monthly Obligation $2,635

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
23d
Score
20
Yield
7.0%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Apartment
MLS® Number-X13846904
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Sep 30, 2026
Style-Apartment
Building Type-Condo Apartment
Age-51-99
Taxes-$2,172 (2025)
Maintenance-$685.09/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-TRU REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-5406 - Copeland Park
Title-Residential Condo & Other

No agent assigned

Spacious 2 bedroom unit with East facing views of the bright rising Sun! Lots of light and well ventilated. ALL-INCLUSIVE CONDO FEE ! Very well-managed building with lots of amenities - an indoor pool, storage lockers, underground parking, bike racks, common laundry, party room, recreation room, kitchen, exercise room, workshop. Public Transit at your doorsteps. Walk to the Walmart or Loblaws plaza with all sorts of shops and restaurants. Centrally located close to downtown, New LRT, Civic and Queensway Hospitals, and the two universities/colleges. Perfect first-time ownership or Investment. Move-in ready. Quick Closing is possible. Freshly painted in 2022, along with new flooring, and kitchen back-splash. New fridge and stove in 2022. New toilet and some lights in 2023. Parking spot #103. Storage locker B23. CONDO STATUS DOCS ARE ON FILE FOR REVIEW PURPOSES.

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

Closing Costs

Mortgage Amount
$311,200
Land Transfer Taxes$4,310
Legal Fees (Est.)
$
Total cash required for closing$83,610

Total Monthly Obligation

$2,635/mo
Mortgage $1,569
Monthly Loss $2,222
Principal$413
Interest$1,156
Property Tax$181
Condo Fees$685
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.3%31
10-Year IRR
10.3%
Returns Index
16.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,240/yr
NOI
$11,723/yr
Net Cash Flow
-$592/mo
Cash Margin
-26.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.4/ 100

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

Comparables

Properties near 1505 Baseline Road 807

Time

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Data last updated within the past 24 hours.