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3812 - 115 Blue Jays Way
Waterfront Communities C1, Toronto
$399,000
**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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $415 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,986 |
| mls© Number | C14156698 |
| Listed By | CENTURY 21 LEADING EDGE REALTY INC. |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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