16 Bonnycastle Street 2102, Toronto C08

$699,000
16 Bonnycastle Street 2102

$699,000

New
4d
Condo ApartmentApartment

16 Bonnycastle Street 2102, Toronto C08

Total Monthly Obligation $4,040

Bed+Den
2+1
Baths
2
Park
1
Sqft
700-799
DOM
4d
Score
16
Yield
4.7%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Condo Apartment
MLS® Number-C14095500
Bed+Den-2+1
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 19, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$4,374 (2026)
Maintenance-$656.32/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX COMMUNITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Aluminum Siding, Concrete
Possession-Immediately
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Wake up to sweeping southwest views of Lake Ontario and the CN Tower in this bright, sun drenched 1 bedroom plus den suite in the award winning Great Gulf Monde Condos. Floor to ceiling windows wrap the entire unit, flooding every room with natural light and framing the glittering skyline. Laminate flooring throughout, and high end finishes give the space a polished, modern feel. The chef inspired kitchen features an island with seating, a built in cooktop and oven, a microwave, and a panelled fridge and dishwasher that blend seamlessly into the cabinetry. The primary bedroom retreat has its own 4-piece ensuite, and a separate 2-piece bath is perfect for guests. The den, with its sliding doors, makes an ideal private home office. Custom window coverings, designer light fixtures, and a front load washer and dryer complete the suite. One parking space and locker is included. Maintenance fees include internet. Step outside and you're minutes from the waterfront, Sugar Beach, George Brown College, Corus Entertainment, a supermarket, and the LCBO. Enjoy excellent building amenities, visitor parking, and a convenient shuttle service to Union Station.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,040/mo
Mortgage $2,820
Monthly Loss $3,298
Principal$742
Interest$2,078
Property Tax$365
Condo Fees$656
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.1%14
10-Year IRR
7.7%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$33,192/yr
NOI
$15,223/yr
Net Cash Flow
-$1,551/mo
Cash Margin
-56.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.1/ 100

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

Comparables

Properties near 16 Bonnycastle Street 2102

Time

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