231 Fort York Boulevard 2001, Toronto C01

$565,000
231 Fort York Boulevard 2001

$565,000

New
22d
Condo ApartmentApartment

231 Fort York Boulevard 2001, Toronto C01

Total Monthly Obligation $3,318

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
18
Yield
5.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Condo Apartment
MLS® Number-C13849496
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,585.83 (2026)
Maintenance-$623.21/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 Days Flexible
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

Some views you don't get tired of. This is one of them. Step into an open-concept living, dining, and kitchen space built for effortless entertaining, with zero wasted space and a layout that flows from room to room. The tastefully renovated kitchen anchors it all, finished with granite countertops, stainless steel appliances, and crisp white cabinetry, while elegant flooring carries the eye straight through to the water beyond. The primary bedroom is wrapped in windows, framing unobstructed views of Lake Ontario and the CN Tower right from bed. A versatile den offers space for a home office, guest stay, or nursery, and the bathroom is finished with the same attention to detail as the rest of the suite. Step out to your private balcony for front-row views of the lake and skyline, morning coffee included. One parking spot comes with the unit, no small perk in this pocket of the city. Beyond your door, an unrivalled amenity package awaits: a well-appointed gym, indoor pool, hot tub, and sauna, plus a games room with billiards and table tennis, guest suites, visitor parking, and 24-hour concierge. Then there is the location. Forgot an ingredient for dinner? Loblaws and the LCBO are under a minute away. Step outside and the Queens Quay streetcar, Coronation Park, and the open water of Lake Ontario are all within a five minute walk. Summer concerts at the RBC Amphitheatre, gamedays at BMO Field, the buzz of Exhibition Place, and the restaurants and shops of Liberty Village all sit just as close. Few addresses in this city put this much within reach, all without ever needing the car. Water views, city convenience, and everything in between.

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

Closing Costs

Mortgage Amount
$452,000
Land Transfer Taxes$7,775
Legal Fees (Est.)
$
Total cash required for closing$122,275

Total Monthly Obligation

$3,318/mo
Mortgage $2,279
Monthly Loss $2,718
Principal$600
Interest$1,679
Property Tax$215
Condo Fees$623
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
13.7/ 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
$15,853/yr
Net Cash Flow
-$958/mo
Cash Margin
-36.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.2/ 100

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

Comparables

Properties near 231 Fort York Boulevard 2001

Time

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