229 Baker Street 16, Waterloo

$400,000
229 Baker Street 16

$400,000

New
6d
Condo Townhouse2-Storey

229 Baker Street 16, Waterloo

Total Monthly Obligation $2,551

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1000-1199
DOM
6d
Score
20
Yield
6.5%
Cash on Cash
-2.8%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Townhouse
MLS® Number-X14096696
Beds-2
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$2,850.2 (2026)
Maintenance-$500/mo
Locker-None
Parking-2 - Built-In
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ENGEL & VOLKERS TORONTO CENTRAL
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to this charming corner-unit townhouse nestled in a quiet, well-maintained complex! Offering the perfect combination of comfort and convenience, this home features parquet flooring throughout, a bright and inviting living room with patio doors leading to a private seating area surrounded by beautifully landscaped gardens, a separate dining area, and a functional kitchen ready for your personal touch. Upstairs you'll find two spacious bedrooms filled with natural light from large windows, including one with a walk-in closet, along with a 4-piece bathroom. The partially finished basement offers additional space, a convenient 3-piece bathroom, and laundry area. Complete with a single-car garage plus an additional parking space beside the unit, this home is perfectly situated in a sought-after location close to shopping, schools, parks, transit, and all amenities. Location, location, location-this is one you won't want to miss!

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Closing Costs

Mortgage Amount
$320,000
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,551/mo
Mortgage $1,613
Monthly Loss $2,126
Principal$425
Interest$1,189
Property Tax$238
Condo Fees$500
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.4%32
10-Year IRR
10.3%
Returns Index
16.8/ 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
$26,196/yr
NOI
$12,326/yr
Net Cash Flow
-$586/mo
Cash Margin
-26.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo65
Risk Index
30.3/ 100

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

Comparables

Properties near 229 Baker Street 16

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.