3 Rean Drive 2309, Toronto C15

$539,000
3 Rean Drive 2309

$539,000

New
4d
Condo ApartmentApartment

3 Rean Drive 2309, Toronto C15

Total Monthly Obligation $3,433

HausQ Valuation Report
Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
4d
Score
17
Yield
5.6%
Cash on Cash
-7.7%
Cap Rate
2.9%
5Y IRR
9.5%
10Y IRR
9.9%
Property Type-Condo Apartment
MLS® Number-C14093518
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,769.99 (2026)
Maintenance-$827.98/mo
Locker-Owned
Parking-1 - Underground
Basement-Other
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-IMMEDIATE
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Welcome to the Prestigious NY Towers - The Chrysler, Ideally Located in the Heart of Bayview and Sheppard! This Bright and Spacious High-Floor Suite Offers 797 Sq. Ft. of Functional Living Space, Featuring 1 Bedroom Plus Den, 2 Bathrooms, and Breathtaking Unobstructed Views. The Open-Concept Kitchen Overlooks the Living and Dining Area, While Abundant Natural Light Creates a Bright and Inviting Atmosphere Throughout. The Primary Bedroom with 3-pcs ensuite bathroom and a Walkout to a Unique Solarium, Available Only on This Floor and Above. The Den, with French Door Can Serve as a Second Bedroom or Home Office, Offering the Functionality of a 2-Bedroom Suite. Includes One Parking Space and a Standard-Sized Locker, Both Conveniently Located on P2 Near the Elevator. Easy access to TTC Subway,and Public Transit, Shopping at Bayview Village, Restaurants,Coffees shops and Everyday Amenities, With Easy Access to Major Highways. An Exceptional Opportunity for First-Time Buyers or Those Looking to Downsize Without Compromising on Space, Comfort, or Convenience. Don't Miss It!

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

Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,433/mo
Mortgage $2,174
Monthly Loss $2,861
Principal$572
Interest$1,602
Property Tax$231
Condo Fees$828
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.3%15
10-Year IRR
7.9%
Returns Index
8.9/ 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
$30,012/yr
NOI
$11,905/yr
Net Cash Flow
-$1,182/mo
Cash Margin
-47.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
22.8/ 100

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

Comparables

Properties near 3 Rean Drive 2309

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.