16 Brookers Lane 3701, Toronto W06

$750,000
16 Brookers Lane 3701

$750,000

New
15d
Condo ApartmentApartment

16 Brookers Lane 3701, Toronto W06

Total Monthly Obligation $4,375

Beds
2
Baths
2
Park
1
Sqft
800-899
DOM
15d
Score
17
Yield
5.1%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-W13882304
Beds-2
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$3,710 (2025)
Maintenance-$840.53/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-RE/MAX PROFESSIONALS INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Perched high above Humber Bay on the 37th floor of Nautilus at Waterview, this spacious corner suite offers an exceptional combination of size. layout and spectacular lake views. Featuring 2 bedrooms, 2 full bathrooms, parking and a locker, the suite is designed around a highly functional split-bedroom floor plan that provides both privacy and flexibility. Floor to ceiling windows fill the open concept living and dining areas with natural light , while multiple walkouts and two balconies showcase sweeping, unobstructed views of Lake Ontario and the surrounding skyline. The modern kitchen opens seamlessly to the main living space, making it ideal for everyday living and entertaining. 9-foot ceilings, wood flooring and UV-filtering blinds add to the bright, open feel. The spacious primary bedroom features a walk-in closet, private ensuite and direct balcony access. The generously sized second bedroom is positioned on the opposite side of the suite, making it ideal for guests, family or a home office, with a second full bathroom nearby. Enjoy the best of Humber Bay Shores with waterfront parks, trails, restaurants and local amenities just steps away, plus convenient access to transit, highways amd downtown Toronto. Nautilus offers an impressive collection of amenities including an indoor pool, fitness centre, guest suites, rooftop garden and BBQ area, and more. Includes stainless steel appliances, high-efficency washer and dryer, 1 parking space and 1 locker. A beautifully presented high-floor residence with an outstanding layout, exceptional outdoor space and view that truly needs to be seen.

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

Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$4,375/mo
Mortgage $3,025
Monthly Loss $3,579
Principal$796
Interest$2,229
Property Tax$309
Condo Fees$841
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.6/ 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
$38,568/yr
NOI
$18,515/yr
Net Cash Flow
-$1,482/mo
Cash Margin
-46.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.3/ 100

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

Comparables

Properties near 16 Brookers Lane 3701

Time

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