10 Bay Street E 301, Blue Mountains

$749,900
10 Bay Street E 301

$749,900

New
2d
Condo ApartmentApartment

10 Bay Street E 301, Blue Mountains

Total Monthly Obligation $4,760

Beds
3
Baths
2
Park
1
Sqft
1400-1599
DOM
2d
Score
40
Yield
9.6%
Cash on Cash
10.0%
Cap Rate
6.7%
5Y IRR
23.6%
10Y IRR
21.3%
Property Type-Condo Apartment
MLS® Number-X14102150
Beds-3
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,064 (2026)
Maintenance-$1,280/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Concrete
Foundation-Concrete
Possession-90+ days
Neighbourhood-Blue Mountains
Title-Residential Condo & Other

No agent assigned

Top 5 Reasons You Will Love This Condo: 1) Embrace the Thornbury lifestyle with partial water views, picturesque escarpment scenery, and the beautiful Beaver River nearby for fishing and outdoor recreation, all while being within walking distance of parks, downtown shops, restaurants, and everyday amenities 2) Enjoy an exceptionally spacious three bedroom layout, complemented by a private primary suite with an ensuite and walk-in closet 3) Take in the natural light from this bright southwest-facing unit, where large windows and partial river views create a warm and inviting atmosphere throughout the day 4) Indulge in an excellent collection of building amenities, including a fitness room, party and meeting room, rooftop deck and garden, visitor parking, elevator, and a communal waterfront area to relax and enjoy the surroundings 5) Discover an ideal pied-à-terre for enjoying everything the Blue Mountain area has to offer, perfectly suited for retirees, weekend getaways, or those looking for a low-maintenance vacation home close to four-season recreation. 1,423 fin.sq.ft.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$4,760/mo
Mortgage $3,025
Monthly Loss $3,964
Principal$796
Interest$2,229
Property Tax$255
Condo Fees$1,280
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.8%48
Cash-on-Cash
4.6%20
5-Year IRR
19.6%91
10-Year IRR
18.5%
Returns Index
54.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
40/ 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
$71,640/yr
NOI
$43,652/yr
Net Cash Flow
$613/mo
Cash Margin
10.3%28
Cash Flow Index
27.9/ 100
Risk Profile
Weight: 20%
DSCR
1.2045
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
31.4/ 100

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

Comparables

Properties near 10 Bay Street E 301

Time

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Data last updated within the past 24 hours.