15 Iceboat Terrace 541, Toronto C01

$569,000
15 Iceboat Terrace 541

$569,000

Price Change
29d
Condo ApartmentApartment

15 Iceboat Terrace 541, Toronto C01

Total Monthly Obligation $3,347

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
29d
Score
18
Yield
5.5%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Condo Apartment
MLS® Number-C13825378
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,714 (2025)
Maintenance-$625.8/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAPPHIRE REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Tbd
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Spacious 1+Den at Parade in CityPlace with Owned Parking & Locker!!! Welcome to Parade at CityPlace - a well-designed one-bedroom plus enclosed den offering flexible living in one of downtown Toronto's most connected neighbourhoods.Unlike many open-concept dens, this one is a true separate room, making it ideal for a home office, guest room, nursery or additional sleeping space. ##The bright living and dining area opens onto a private balcony, creating an easy indoor-outdoor flow.## The primary bedroom features a large window, double closet and convenient semi-ensuite access. ## Additional highlights include ensuite laundry, central air conditioning, north exposure, plus an owned parking space and owned locker, both located on Level B.## Residents enjoy a strong selection of building amenities including an indoor pool, fitness centre, party and meeting rooms, guest suites and visitor parking.## The location puts the best of downtown within easy reach. TTC access is right outside, with The Well, STACKT Market, Rogers Centre and Canoe Landing Park all nearby. Walk south to the waterfront and Martin Goodman Trail, or head north to the restaurants, cafés and nightlife of King West.## Maintenance fees include heat, central air conditioning, water, parking, building insurance and common elements. Hydro and cable are separate.

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

Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$3,347/mo
Mortgage $2,295
Monthly Loss $2,743
Principal$604
Interest$1,691
Property Tax$226
Condo Fees$626
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.7%1
5-Year IRR
8.2%24
10-Year IRR
9.3%
Returns Index
13.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$31,464/yr
NOI
$15,694/yr
Net Cash Flow
-$987/mo
Cash Margin
-37.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.0/ 100

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

Comparables

Properties near 15 Iceboat Terrace 541

Time

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Data last updated within the past 24 hours.