38 Dan Leckie Way 2908, Toronto C01

$689,900
38 Dan Leckie Way 2908

$689,900

New
15d
Condo ApartmentApartment

38 Dan Leckie Way 2908, Toronto C01

Total Monthly Obligation $3,712

Bed+Den
2+1
Baths
1
Park
1
Sqft
700-799
DOM
15d
Score
17
Yield
4.6%
Cash on Cash
-6.7%
Cap Rate
3.2%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Condo Apartment
MLS® Number-C13875356
Bed+Den-2+1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,839.05 (2026)
Maintenance-$492.49/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome to Panorama Condos at 38 Dan Leckie Way, where spectacular city and lake views meetdowntown waterfront living! Perched high on the 29th floor, this bright and spacious 1+Densuite offers approximately 728 sq. ft. of thoughtfully designed living space plus an impressiveapprox. 257 sq. ft. wraparound balcony-the perfect place to take in the skyline, lake views andbreathtaking sunsets.Floor-to-ceiling windows fill the suite with natural light and showcase the views from nearlyevery angle. The open-concept living and dining area offers a comfortable and functionallayout, complemented by a well-appointed kitchen with plenty of storage. The spacious primarybedroom features generous mirrored closets, while the versatile den provides the perfect spacefor a home office, guest area or additional living space. Centre Island, remote-controlledwindow coverings and underground parking complete this exceptional suite.Panorama offers an impressive collection of amenities including 24-hour concierge, fitnesscentre, guest suites, party and games rooms, theatre/meeting spaces, sauna and an incrediblerooftop terrace with BBQs, outdoor entertaining areas and hot tub.And the location is hard to beat. Enjoy the best of Toronto's waterfront with Loblaws juststeps away, TTC nearby, Waterfront Trail, Canoe Landing Park, Toronto Music Garden and LittleNorway Park all within easy reach. You're minutes from Billy Bishop Airport, King West, theEntertainment District, Rogers Centre, Scotiabank Arena, Financial District and Harbourfront,with quick access to the Gardiner for easy commuting.A rare combination of space, views, outdoor living and convenience in one of downtown Toronto'smost connected waterfront communities.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$551,920
Land Transfer Taxes$10,273
Legal Fees (Est.)
$
Total cash required for closing$149,753

Total Monthly Obligation

$3,712/mo
Mortgage $2,783
Monthly Loss $2,980
Principal$732
Interest$2,051
Property Tax$237
Condo Fees$492
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$32,064/yr
NOI
$17,709/yr
Net Cash Flow
-$1,307/mo
Cash Margin
-48.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.9/ 100

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

Comparables

Properties near 38 Dan Leckie Way 2908

Time

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Data last updated within the past 24 hours.