38 Dan Leckie Way 2207, Toronto C01

$539,000
38 Dan Leckie Way 2207

$539,000

New
28d
Condo ApartmentApartment

38 Dan Leckie Way 2207, Toronto C01

Total Monthly Obligation $3,047

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
28d
Score
20
Yield
5.6%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Condo Apartment
MLS® Number-C13828264
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,961 (2026)
Maintenance-$426.06/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BSPOKE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-FLEX
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

This bright 1-bedroom + den at Panorama Condos sits on an angle, with floor-to-ceiling windows bringing natural light into almost every room and opening up a panoramic outlook across the city skyline and toward the lake. The large open den/entry offers space for a home office, hobby area, or additional seating, plus a double closet for everyday storage. The living and dining areas can shift to suit your setup, while the kitchen adds a peninsula for extra counter space and open shelving that keeps things feeling airy and connected. The bedroom comfortably accommodates a king-size bed and has a generous double closet. The bathroom functions much like an ensuite, with direct access through the closet plus a separate entrance for guests. Outside, the 200 sq ft balcony wraps around the suite, extending the exposure and giving you plenty of space to step outside and take in the city. Freshly painted and includes a locker. The building offers 24-hr concierge and security, fitness centre, saunas, guest suites, theatre/media room, party and dining rooms, games area, boardroom, visitor parking and a large outdoor terrace with BBQs, hot tub and fireplace. Canoe Landing Park is at your doorstep, with the waterfront, Martin Goodman Trail, Loblaws, LCBO, Shoppers Drug Mart, STACKT Market and The Bentway all close at hand, plus easy access to King West, the Entertainment District, TTC, Lake Shore and the Gardiner.

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

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,047/mo
Mortgage $2,174
Monthly Loss $2,475
Principal$572
Interest$1,602
Property Tax$247
Condo Fees$426
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.5%32
10-Year IRR
10.3%
Returns Index
17.1/ 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
$30,432/yr
NOI
$16,915/yr
Net Cash Flow
-$765/mo
Cash Margin
-30.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.5/ 100

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

Comparables

Properties near 38 Dan Leckie Way 2207

Time

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