2703- 8 Olympic Garden Drive, Toronto C14
Toronto C14
$1,198,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 ATRIA REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
167
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
Live in the heart of North York at Yonge & Cummer in this stunning, brand-new 3-bedroom, 2- bathroom suite offering 1,101 sq. ft. of bright, functional living space plus 220 sq. ft. spread across two large balconies with spectacular unobstructed southeast views. Designed for modern living, this home features an elegant kitchen with quartz counters, integrated appliances, soft-close cabinets, and stylish laminate flooring throughout. The building delivers an impressive collection of amenities including a full fitness centre, yoga studio, infinity-style swimming pool, business centre, 24-hour concierge, theatre room, games lounge, guest suites, and beautifully designed outdoor areas with BBQ facilities. Located just minutes from Finch TTC and GO Transit, and surrounded by excellent schools, parks, dining, and shopping, this residence offers the perfect balance of comfort, style, and convenience.
MississaugaInvestor.ca
2703- 8 Olympic Garden Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$1,198,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.8%
Monthly Cash Flow
-$4,716/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-21.52%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$5,514 |
| Property Tax | −$948 |
| Insurance | −$225 |
| Condo Fee | −$879 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$4,716/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$11,381 |
| Insurance | −$2,700 |
| Condo Fee | −$10,548 |
| Annual NOI | $9,571 |
| Cap Rate | 0.8% |
Cash Required to Close
| Down Payment (20%) | $239,600 |
| Ontario Land Transfer Tax | $20,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,035 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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