1505 Baseline Road 412, Belair Park - Copeland Park and Area

$319,900
1505 Baseline Road 412

$319,900

Price Change
55d
Condo Apartment1 Storey/Apt

1505 Baseline Road 412, Belair Park - Copeland Park and Area

Total Monthly Obligation $2,384

Beds
2
Baths
1
Park
1
Sqft
800-899
DOM
55d
Score
23
Yield
8.5%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.0%
Property Type-Condo Apartment
MLS® Number-X13725386
Beds-2
Bathrooms-1
Size-800-899 sqft
Listed on site-Aug 29, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$2,423 (2026)
Maintenance-$692/mo
Locker-Exclusive
Parking-1 - Underground
Basement-None
Heating-Radiant (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-1-29 days
Neighbourhood-5406 - Copeland Park
Title-Residential Condo & Other

No agent assigned

Welcome to 1505 Baseline Road, Unit 412! This beautifully updated 2-bedroom, 1-bathroom condo offers comfortable, low-maintenance living in a quiet, well-established building and an incredibly convenient location. One of the first things you'll notice is the fantastic view! The bright and spacious layout features an open-concept living and dining area with attractive flooring and plenty of natural light. The large, sunny kitchen offers a generous eating area, while patio doors lead to an impressive private balcony-the perfect place to relax and enjoy the view. A spacious foyer welcomes you home, and the former in-unit storage room has been thoughtfully converted into a convenient office/den, ideal for working from home or hobbies. The generously sized primary bedroom is sure to impress, complemented by a second great-sized bedroom and full bathroom. Numerous renovations and updates have been completed since 2021. Additional storage is provided by a large basement locker. The elevators provide direct access to the indoor parking garage, which even features a convenient residents' car wash. Laundry facilities are located on the lower level, just steps from the elevators. Residents can enjoy an impressive selection of building amenities, including indoor and outdoor pools, saunas, billiards room, exercise room and party room. Ideally situated close to transit, parks, schools, shopping and everyday conveniences, this is a wonderful opportunity for anyone looking for comfortable condo living in a central location. Book your private viewing today! Parking #34. Locker #B10-412.

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

Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$2,384/mo
Mortgage $1,290
Monthly Loss $2,045
Principal$340
Interest$951
Property Tax$202
Condo Fees$692
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
11.4%45
10-Year IRR
12.0%
Returns Index
23.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$27,240/yr
NOI
$11,389/yr
Net Cash Flow
-$341/mo
Cash Margin
-15.0%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7411
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
32.9/ 100

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

Comparables

Properties near 1505 Baseline Road 412

Time

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Data last updated within the past 24 hours.