
103- 57 Neptune Drive, Toronto C04
Toronto C04
$499,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Co-op Apartment
Bedrooms
3
Bathrooms
2
Days on Market
114
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully updated and bright 3-bedroom, 2-bathroom co-op that combines comfort, convenience, and charm in every corner. Bathed in natural light, this spacious unit offers an unobstructed view of the park, creating a serene retreat right at home. The open-concept kitchen is a true showpiece, featuring custom high-quality cabinetry and a one-of-a-kind walnut countertop-perfect for cooking, hosting, or simply enjoying your morning coffee. Gorgeous custom trim work. Luxury vinyl flooring throughout adds contemporary elegance and durability. Enjoy the rare convenience of ensuite laundry, along with a thoughtfully designed layout that includes a lovely living room with walk-out to a private balcony where BBQs are welcome-a rare find that's perfect for summer evenings. Additional features include a locker making everyday living effortless. This standout unit offers style, space, and smart upgrades all in one vibrant location. Ready to fall in love? Let's make it yours. Maintenance fees include water, heat and property taxes. Wonderful location close to Hwy 401, Shopping, Schools, Hospital, walking distance to Yorkdale subway station.
MississaugaInvestor.ca
103- 57 Neptune Drive
Co-op Apartment · 3bd/2ba · ~1,300 sqft
$499,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.25%
Monthly Cash Flow
-$1,366/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-14.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$2,301 |
| Property Tax | −$396 |
| Insurance | −$225 |
| Condo Fee | −$581 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$1,366/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$4,749 |
| Insurance | −$2,700 |
| Condo Fee | −$6,972 |
| Annual NOI | $11,229 |
| Cap Rate | 2.25% |
Cash Required to Close
| Down Payment (20%) | $99,980 |
| Ontario Land Transfer Tax | $6,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,453 |
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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