208- 1 Watergarden Way, Toronto C15
Toronto C15
$1,498,800
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
120
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,300/mo
Estimated from market price-to-rent ratios
Remarks
This Luxurious Tranquil Low rise condominium (Shane Baghi built) surrounded by woods and water, The private elevator opens directly into Suite 208, revealing a spacious and uniquely special unit with stunning ravine views and sunshine. One of a Kind Unit fully renovated, 150 square foot balcony With Awnings and cobblestones, Huge Primary Bedroom with W/I Closet and 5pc Ensuite, The expansive Open Concept living area includes living and dining rooms, featuring a huge floor-to-ceiling window that offers breathtaking views of the lush green ravine and mature trees. Experience the serene feeling of living in a treehouse, right in the heart of the city. Beautifully designed by renowned Arthur Erickson back in 1994 with only 40 suites and majestically sits above the corner of Bayview and Finch with many ravine views. Each suite has a direct, private elevator entrance. Must See!
MississaugaInvestor.ca
208- 1 Watergarden Way
Condo Apartment · 3bd/2ba · ~1,700 sqft
$1,498,800
Cash-Flow Report · July 31, 2026
Cap Rate
-0.35%
Monthly Cash Flow
-$7,342/mo
Estimated Rent
$3,300/mo
Cash-on-Cash
-26.76%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,300 |
| Mortgage | −$6,899 |
| Property Tax | −$1,187 |
| Insurance | −$225 |
| Condo Fee | −$2,166 |
| Vacancy (5%) | −$165 |
| Cash Flow | -$7,342/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,600 |
| Vacancy (5%) | −$1,980 |
| Property Tax | −$14,239 |
| Insurance | −$2,700 |
| Condo Fee | −$25,992 |
| Annual NOI | $-5,311 |
| Cap Rate | -0.35% |
Cash Required to Close
| Down Payment (20%) | $299,760 |
| Ontario Land Transfer Tax | $26,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,211 |
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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