8 Rean Drive 1505, Toronto C15

$528,000
8 Rean Drive 1505

$528,000

New
4d
Condo ApartmentApartment

8 Rean Drive 1505, Toronto C15

Total Monthly Obligation $3,611

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
800-899
DOM
4d
Score
19
Yield
7.1%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Condo Apartment
MLS® Number-C14094970
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,107.6 (2026)
Maintenance-$1,022.4/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BAY STREET GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-TBA
Neighbourhood-Bayview Village
Title-Residential Condo & Other

No agent assigned

Bright & Spacious Corner Unit! This beautifully upgraded 2-bedroom, 2-bathroom residence features 2 parking spaces, a functional layout, and abundant natural light throughout. Enjoy unobstructed views from all four sides with a desirable Northeast exposure. The Entire home has been thoughtfully updated, including New Painting, New Hardwood Flooring, Modern light fixtures, New bathroom vanities and toilets, and Contemporary appliances. A truly move-in-ready home offering everything a small family needs for comfortable living.Well-maintained building with water and hydro included. Prime location at Bayview & Sheppard, just minutes to Hwy 401, subway stations, shopping, restaurants, supermarkets, and everyday amenities. An excellent choice for those seeking comfort, convenience, and exceptional value in a highly accessible location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$422,400
Land Transfer Taxes$7,035
Legal Fees (Est.)
$
Total cash required for closing$114,135

Total Monthly Obligation

$3,611/mo
Mortgage $2,130
Monthly Loss $3,051
Principal$560
Interest$1,569
Property Tax$259
Condo Fees$1,022
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
9.2%30
10-Year IRR
10.2%
Returns Index
16.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,260/yr
NOI
$15,758/yr
Net Cash Flow
-$817/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
22.9/ 100

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

Comparables

Properties near 8 Rean Drive 1505

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.