231 Fort York Boulevard 623, Toronto C01

$479,000
231 Fort York Boulevard 623

$479,000

New
9d
Condo ApartmentApartment

231 Fort York Boulevard 623, Toronto C01

Total Monthly Obligation $2,873

Bed+Den
2+1
Baths
1
Park
0
Sqft
600-699
DOM
9d
Score
21
Yield
6.6%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Condo Apartment
MLS® Number-C14031854
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,409.36 (2025)
Maintenance-$540.18/mo
Locker-None
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Immediate/Flex
Neighbourhood-Niagara
Title-Residential Condo & Other

No agent assigned

**Stylishly Renovated 1 Bedroom + Den With Stunning Sunset Views In The Heart Of Fort York!** Plenty of Rental Parking Spaces Available if Needed. Offering 628 Sq. Ft. Of Thoughtfully Designed Living Space, This Beautifully Updated Suite Combines Modern Finishes, A Spacious Layout And An Unbeatable Urban Location. Featuring Brand New Engineered Hardwood Floors, Brand New Appliances And An Updated Kitchen, This Move-In-Ready Condo Is Perfect For Those Seeking Style, Comfort And Convenience. The Versatile Den Offers Additional Space For A Home Office Or Whatever Suits Your Lifestyle. Enjoy Beautiful Sunset Views And The Convenience Of Being Steps From The Bentway, Fort York Park, Grocery Stores, Transit And More! **Why Pay $30,000+ To Purchase A Parking Space Plus An Additional $75/Month In Maintenance Fees When You Can Rent Parking In The Building For Approximately $100/Month? Rental Parking Spaces Always Available in This Building . An Incredible Opportunity To Enjoy Modern Condo Living In One Of Toronto's Most Convenient Downtown Locations!. Full Amenities Include Pool, Billiards, Media Room, Party Room, Rooftop BBQ Area, Full Gym And Guest Suites. Steps To The Lake, TTC, Highways, CNE, Rogers Centre, King West & Liberty Village.

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

Closing Costs

Mortgage Amount
$383,200
Land Transfer Taxes$6,055
Legal Fees (Est.)
$
Total cash required for closing$103,355

Total Monthly Obligation

$2,873/mo
Mortgage $1,932
Monthly Loss $2,365
Principal$508
Interest$1,424
Property Tax$201
Condo Fees$540
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-5.9%2
5-Year IRR
11.1%43
10-Year IRR
11.6%
Returns Index
22.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$31,512/yr
NOI
$17,069/yr
Net Cash Flow
-$510/mo
Cash Margin
-19.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.7/ 100

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

Comparables

Properties near 231 Fort York Boulevard 623

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.

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Data last updated within the past 24 hours.