2285 Lake Shore Boulevard W 1806, Toronto W06

$1,300,000
2285 Lake Shore Boulevard W 1806

$1,300,000

New
7d
Condo ApartmentApartment

2285 Lake Shore Boulevard W 1806, Toronto W06

Total Monthly Obligation $7,958

Beds
2
Baths
3
Park
2
Sqft
1400-1599
DOM
7d
Score
14
Yield
4.1%
Cash on Cash
-13.7%
Cap Rate
1.6%
5Y IRR
4.9%
10Y IRR
6.4%
Property Type-Condo Apartment
MLS® Number-W14088522
Beds-2
Bathrooms-3
Size-1400-1599 sqft
Listed on site-Oct 16, 2026
Style-Apartment
Building Type-Condo Apartment
Age-31-50
Taxes-$5,148.66 (2026)
Maintenance-$2,085.09/mo
Locker-Exclusive
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Roof-Unknown
Foundation-Unknown
Possession-TBD
Neighbourhood-Mimico
Title-Residential Condo & Other

No agent assigned

Grand Lifestyle. Grand Location. Grand Harbour. This isn't just any old building... It's a unique, distinguished way of living, not easily replicated, but often revered. Condos like this are hard to come by. Spanning 1585sf, the layout comfortably lends itself to any desired arrangement or sought-after aesthetic. Two incredibly spacious bedrooms, complete with their own ensuites, allow for the privilege of privacy, and a degree of independence, not normally enjoyed in the close confines of a condominium. Hardwood, marble and granite accents add a level of luxury everyone can appreciate. Full size appliances, a separate laundry room, smooth ceilings, and a proper new paint job, round out this impressive offering. The proverbial icing on the cake though is the stunning southern exposure out over Humber Bay Park, Etobicoke Yacht Club and Lake Ontario. To say the view is gorgeous would be an understatement. It's equal parts breathtaking and captivating, while possessing a distinct sense of serenity. The dregs of downtown don't feel as daunting when you can retreat to a waterfront sanctuary like this. Live in close proximity to experiences, not landmarks. Enjoy daily routines only Grand Harbour, its incomparable amenity structure, and its enviable environment, can offer. Whether you walk, run, swim, sail or soak, there's something for everyone here. Just being alive is grand, they say. Truer words have never been spoken about life at Grand Harbour.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$1,040,000
Land Transfer Taxes$22,475
Legal Fees (Est.)
$
Total cash required for closing$283,975

Total Monthly Obligation

$7,958/mo
Mortgage $5,244
Monthly Loss $6,578
Principal$1,380
Interest$3,864
Property Tax$429
Condo Fees$2,085
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-16.8%0
5-Year IRR
2.7%6
10-Year IRR
5.2%
Returns Index
4.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$53,796/yr
NOI
$15,847/yr
Net Cash Flow
-$3,923/mo
Cash Margin
-87.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.252
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.2/ 100

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

Comparables

Properties near 2285 Lake Shore Boulevard W 1806

Time

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