2 Rean Drive 610, Toronto C15

$539,999
2 Rean Drive 610

$539,999

New
15d
Condo ApartmentApartment

2 Rean Drive 610, Toronto C15

Total Monthly Obligation $3,354

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
2
Sqft
600-699
DOM
15d
Score
17
Yield
5.3%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Apartment
MLS® Number-C13875606
Bed+Den-2+1
Bathrooms-2
Size-600-699 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,398 (2025)
Maintenance-$776.34/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 HERITAGE GROUP LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

RARE 2-CAR PARKING + OVERSIZED LOCKER WITH ELECTRICAL & DRAIN! SOUTH-FACING UNIT WITH ABUNDANT NATURAL LIGHT! Welcome to Unit 610 at 2 Rean Drive, a bright and beautifully refreshed 1+Den, 2-bathroom condo in sought-after Bayview Village. Enjoy new laminate floors, fresh paint, neutral décor, and abundant south-facing natural light throughout the day. The spacious open-concept layout features a versatile den, 2 closets in the primary bedroom, and a spectacular walkout balcony measuring approximately 23.2 7.2 ft (7.07 2.19 m), stretching between the living room and primary bedroom. One of the very few units offering this exceptional parking and storage combination, with 2- car tandem parking and an independent oversized locker featuring its own electrical plug and drain-ideal for an additional fridge/freezer and plenty of extra storage. Just steps to Bayview Village Shopping Centre, Bayview Subway Station and Highway 401, YMCA, parks, restaurants, hospital, and everyday conveniences. A rare combination of light, space, parking, storage, and location in one of North York's most desirable neighborhoods.

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

Closing Costs

Mortgage Amount
$431,999
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$3,354/mo
Mortgage $2,178
Monthly Loss $2,781
Principal$573
Interest$1,605
Property Tax$200
Condo Fees$776
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.3%0
5-Year IRR
6.2%15
10-Year IRR
7.9%
Returns Index
8.8/ 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
$28,884/yr
NOI
$11,882/yr
Net Cash Flow
-$1,188/mo
Cash Margin
-49.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
23.3/ 100

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

Comparables

Properties near 2 Rean Drive 610

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.