2045 Lake Shore Boulevard 1609, Toronto W06

$938,000
2045 Lake Shore Boulevard 1609

$938,000

New
29d
Condo ApartmentApartment

2045 Lake Shore Boulevard 1609, Toronto W06

Total Monthly Obligation $6,004

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
29d
Score
16
Yield
5.9%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-W13825156
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 24, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,452.9 (2026)
Maintenance-$1,733/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Fan Coil (Electric)
Brokerage-RE/MAX EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-60 Days
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Luxury living at 'The Palace Pier' elegant, secure and friendly environment in one of Toronto's most desirable residence located in nine acres of beautifully landscaped property on the shores of Lake Ontario just 15 minutes from Downtown or Pearson international airport by car or private shuttle bus that takes you to Financial & Theatre Districts and all the city has to offer. Enjoy the outdoors with quick access to the parks & more.

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

Closing Costs

Mortgage Amount
$750,400
Land Transfer Taxes$15,235
Legal Fees (Est.)
$
Total cash required for closing$204,335

Total Monthly Obligation

$6,004/mo
Mortgage $3,784
Monthly Loss $5,009
Principal$996
Interest$2,788
Property Tax$288
Condo Fees$1,733
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%1
5-Year IRR
7.1%19
10-Year IRR
8.6%
Returns Index
10.6/ 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
$55,032/yr
NOI
$22,880/yr
Net Cash Flow
-$1,877/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.9/ 100

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

Comparables

Properties near 2045 Lake Shore Boulevard 1609

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.