230 Queens Quay W 1815, Toronto C01

$598,000
230 Queens Quay W 1815

$598,000

New
24d
Condo ApartmentApartment

230 Queens Quay W 1815, Toronto C01

Total Monthly Obligation $3,564

Bed+Den
2+1
Baths
1
Park
0
Sqft
700-799
DOM
24d
Score
18
Yield
5.7%
Cash on Cash
-5.1%
Cap Rate
3.5%
5Y IRR
11.5%
10Y IRR
11.4%
Property Type-Condo Apartment
MLS® Number-C13840002
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,946.47 (2026)
Maintenance-$705.86/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-30 days / TBD
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Sparkling views of the waterfront from the large living room windows and the open deck make this condo a treasure. The entire living space, featuring 1 bedroom plus a den is bright and airy and improvements by the current owner make this condo a delight. Just move in and enjoy. With TTC at your front door and easy access to all that Toronto has to offer, this is the life! Just across the street you will find the dynamic waterfront with restaurants, cafe's, open air concerts, the Toronto Island Ferry, bike paths and an opportunity to stroll along the water's edge. You are steps from the Rogers Centre and the CN Tour plus have easy access to the financial and entertainment districts. The building itself offers much. There is a spacious outdoor terrace with BBQ's, and a view of the city. There is a large gym, pool, hot tub, meeting rooms and even guest suites for family or friends. This condo is now available to a new owner to enjoy all that it has to offer.

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

Closing Costs

Mortgage Amount
$478,400
Land Transfer Taxes$8,435
Legal Fees (Est.)
$
Total cash required for closing$129,535

Total Monthly Obligation

$3,564/mo
Mortgage $2,412
Monthly Loss $2,929
Principal$635
Interest$1,777
Property Tax$246
Condo Fees$706
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.3%25
10-Year IRR
9.4%
Returns Index
13.6/ 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
$33,900/yr
NOI
$16,693/yr
Net Cash Flow
-$1,021/mo
Cash Margin
-36.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.9/ 100

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

Comparables

Properties near 230 Queens Quay W 1815

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.