15 Queens Quay E 609, Toronto C08

$529,000
15 Queens Quay E 609

$529,000

Price Change
22d
Condo ApartmentApartment

15 Queens Quay E 609, Toronto C08

Total Monthly Obligation $3,054

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
22d
Score
18
Yield
5.2%
Cash on Cash
-6.1%
Cap Rate
3.3%
5Y IRR
10.8%
10Y IRR
10.8%
Property Type-Condo Apartment
MLS® Number-C13859682
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,862 (2026)
Maintenance-$482/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-KW Living Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Spacious 1 Br 1 Den Unit At Pier 27 Condos By The Lake, Few Steps From Water. Prime Location In The Heart Of South Core Financial. Bedroom Have Window To Outside. Laminate Floor Throughout, Open Concept Kitchen With Quartz Counter Top, 9Ft Ceiling With Floor To Ceiling Windows. Short Walk To Union Station, Loblaw, St. Lawrence Market, Roger's Centre, Scotiabank Arena, Fabulous Dining And Entertainment, Easy Access Highway, Central Island Airport.

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

Closing Costs

Mortgage Amount
$423,200
Land Transfer Taxes$7,055
Legal Fees (Est.)
$
Total cash required for closing$114,355

Total Monthly Obligation

$3,054/mo
Mortgage $2,134
Monthly Loss $2,493
Principal$562
Interest$1,572
Property Tax$239
Condo Fees$482
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.5%20
10-Year IRR
8.7%
Returns Index
11.4/ 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
$27,372/yr
NOI
$13,589/yr
Net Cash Flow
-$1,001/mo
Cash Margin
-43.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
25.6/ 100

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

Comparables

Properties near 15 Queens Quay E 609

Time

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Data last updated within the past 24 hours.