38 Dan Leckie Way 508, Toronto C01

$545,000
38 Dan Leckie Way 508

$545,000

New
28d
Condo ApartmentApartment

38 Dan Leckie Way 508, Toronto C01

Total Monthly Obligation $3,086

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
28d
Score
19
Yield
5.6%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Condo Apartment
MLS® Number-C13831178
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,693.27 (2026)
Maintenance-$463.61/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-PROPERTY.CA INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome to 38 Dan Leckie Way, where vibrant downtown living meets the tranquility of the waterfront. This meticulously maintained 1-bedroom + den, south-facing residence offers beautiful water views from its open balcony and an exceptional CityPlace location. The thoughtfully designed layout features a bright, open-concept living space and a versatile den with its own door and natural light - ideal for a home office, guest room or additional living space. The spacious kitchen offers modern finishes and ample room for everyday cooking and entertaining, while the living area captures the beauty of the waterfront beyond. Enjoy the best of Toronto right outside your door. Take a morning walk, run or bike ride along the waterfront promenade, or enjoy being just minutes from The Well, one of Toronto's premier destinations for dining, shopping, fitness, entertainment and everyday conveniences. The Entertainment District, Rogers Centre, restaurants, cafes, nightlife and transit are also just minutes away. A rare opportunity to enjoy south-facing water views, a highly functional layout and an unbeatable downtown location - offering the perfect balance of waterfront serenity and city convenience, with The Well and the best of downtown Toronto at your doorstep.

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Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$3,086/mo
Mortgage $2,198
Monthly Loss $2,508
Principal$579
Interest$1,620
Property Tax$224
Condo Fees$464
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.3%30
10-Year IRR
10.1%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$16,732/yr
Net Cash Flow
-$804/mo
Cash Margin
-31.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
26.1/ 100

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

Comparables

Properties near 38 Dan Leckie Way 508

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.