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New4 hours ago

3812 - 115 Blue Jays Way

Waterfront Communities C1, Toronto

$399,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

**INVESTORS - THIS ONE IS WORTH A LOOK!**Looking for a strong investment with an **AAA tenant already in place**? This beautiful one-bedroom, one-bathroom suite in the heart of **King West** offers an excellent opportunity for investors seeking a well-located property with a reliable tenant who **pays on time and has full-time employment**.Enjoy breathtaking downtown city views from the open balcony, along with a spacious open-concept layout, engineered flooring, luxury appliances and a modern kitchen.The building offers world-class amenities including an indoor pool, rooftop lounge and gym.**Prime King West location** just minutes from the CN Tower, Rogers Centre, TIFF Lightbox, Roy Thomson Hall, restaurants, entertainment and everything the vibrant King West neighbourhood has to offer.**AAA tenant. Strong location. Reliable rental income.**Virtually staged photos are for inspiration only.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$415
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,986
mls© NumberC14156698
Listed ByCENTURY 21 LEADING EDGE REALTY INC.
None

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,042
Property tax
$249
Heat allowance
$150
Condo fees, half counted
$207
Housing costs
$2,649 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,800
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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