2785 Baseline Road 218, Parkway Park - Queensway Terrace S and Area

$268,000
2785 Baseline Road 218

$268,000

New
122d
Condo ApartmentApartment

2785 Baseline Road 218, Parkway Park - Queensway Terrace S and Area

Total Monthly Obligation $1,796

Beds
1
Baths
1
Park
1
Sqft
0-499
DOM
122d
Score
18
Yield
3.9%
Cash on Cash
-15.6%
Cap Rate
1.2%
5Y IRR
3.4%
10Y IRR
5.3%
Property Type-Condo Apartment
MLS® Number-X13493796
Beds-1
Bathrooms-1
Size-0-499 sqft
Listed on site-Jun 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,338.97 (2025)
Maintenance-$319.55/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-IMMEDIATE
Neighbourhood-6301 - Redwood Park
Title-Residential Condo & Other

No agent assigned

Cozy, quiet and conveniently located, but best of all: totally affordable. This Studio/1 bedroom apartment is carpet free and well maintained. A retractable frosted glass door adds flexibility to living space, walk out to balcony with gas jet for BBQ use, which is rear facing and away from street traffic noise if any. Close to hospital, public transit, recreation and shopping. Stainless steel appliances, including a full size fridge, in suite laundry, on demand tankless water heater, storage locker, heated garage parking... and the list goes on.

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

Closing Costs

Mortgage Amount
$214,400
Land Transfer Taxes$2,495
Legal Fees (Est.)
$
Total cash required for closing$57,595

Total Monthly Obligation

$1,796/mo
Mortgage $1,081
Monthly Loss $1,511
Principal$284
Interest$797
Property Tax$195
Condo Fees$320
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
0.3%5
Cash-on-Cash
-21.2%0
5-Year IRR
-0.5%2
10-Year IRR
3.0%
Returns Index
2.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$10,356/yr
NOI
$747/yr
Net Cash Flow
-$1,019/mo
Cash Margin
-118.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.061
LTV Ratio
80.0%18
Vacancy Buffer
5.4 mo88
Risk Index
35.5/ 100

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

Comparables

Properties near 2785 Baseline Road 218

Time

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