35 Saranac Boulevard 224, Toronto C04

$450,000
35 Saranac Boulevard 224

$450,000

New
7d
Condo ApartmentApartment

35 Saranac Boulevard 224, Toronto C04

Total Monthly Obligation $2,764

Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
7d
Score
21
Yield
6.7%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.7%
10Y IRR
14.0%
Property Type-Condo Apartment
MLS® Number-C14087580
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,473.4 (2025)
Maintenance-$542.22/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Front, Concrete
Possession-Tenant Occupied - May 1, 2027
Neighbourhood-Englemount-Lawrence
Title-Residential Condo & Other

No agent assigned

Step into this impeccably maintained 1-bedroom + den suite (670 sq. ft.) located in the highly desirable Cranbrooke Village. Designed with a functional open-concept layout, this residence is complemented by floor-to-ceiling windows that fill the living and dining areas with abundant natural light while offering expansive, unobstructed views. The contemporary kitchen is both stylish and practical, featuring ample cabinetry, a convenient breakfast bar, and elegant blue finishes. The generously sized bedroom includes a large closet and full-height window, while the versatile den-enhanced by a full wall of custom closets-provides an ideal space for a home office or additional living area. Enjoy your private balcony, perfect for morning coffee or evening relaxation. Residents benefit from a selection of premium amenities, including a rooftop BBQ terrace, fully equipped fitness centre, and a sophisticated party room for entertaining. Ideally situated in a quiet yet well-connected neighbourhood, this residence is just steps to shops, restaurants, Lawrence Plaza, parks, and community centres. Convenient access to TTC transit, Highway 401, and Allen Road ensures seamless commuting. This bright, carpet-free, move-in ready suite offers an exceptional blend of comfort, style, and convenience. Low maintenance fees within this LEED Gold-certified building further enhance its appeal, delivering an eco-conscious and effortless lifestyle.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,764/mo
Mortgage $1,815
Monthly Loss $2,286
Principal$478
Interest$1,338
Property Tax$206
Condo Fees$542
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.9%42
10-Year IRR
11.4%
Returns Index
21.8/ 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
$30,096/yr
NOI
$15,706/yr
Net Cash Flow
-$506/mo
Cash Margin
-20.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
29.4/ 100

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

Comparables

Properties near 35 Saranac Boulevard 224

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.