
203- 3555 Bathurst Street, Toronto C04
Toronto C04
$399,999
Cash flow, cap rate & mortgage breakdown
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Listed by STRATA REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
98
Price Drop
9%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
SPLIT 2 BEDROOM FLEX LAYOUT DESIGN, originally a large one-bedroom, freshly painted with custom crown moulding throughout and hardwood parquet floors refinished in a rich walnut stain. ***The dining room has been enclosed and converted into a second bedroom, with a board-approved alteration agreement in place. The second room is up to code and stamped by a structural engineer.Located on Bathurst Street, just two blocks south of the Highway 401 eastbound ramp, with the TTC #7 Blue Night bus stop directly out front of this highly sought-after location. Bell Fibe VIP TV package and 5G internet Wi-Fi are included in the maintenance fee. Open kitchen featuring Luna Blanca granite countertops, a pull-out faucet, double stainless steel sinks, and pull-out waste bins under the centre island. Includes Samsung fridge, GE oven, microwave with hood fan, and dishwasher. Spa-like bathroom with a large double his-and-hers espresso oak vanity, porcelain sinks with Moen faucets, brushed nickel shower bar, pull-out massage shower hose, deep soaker tub, Carrara marble-look porcelain wall and large-format floor tile. Ample storage throughout, including an ensuite cedar-lined locker/closet, broom closet, linen closet, coat closet, and spacious primary bedroom closet. All electrical light fixtures included. Features a newer digital HVAC system and a large private east-facing netted balcony overlooking a quiet, tree-lined view. Building upgrades include new floor-to-ceiling and picture windows, a newly sealed tri-colour concrete exterior, new elevators, and a reinforced travertine lobby. On-site amenities include a snack vending machine, dental clinic, wig boutique, hair salon, and outdoor visitor parking at ground level. Heated driveway and remote garage access to one parking spot located close to the exit, with motion-sensor LED lighting and security cameras throughout. FOB access to gym and laundry facilities in the basement.
MississaugaInvestor.ca
203- 3555 Bathurst Street
Condo Apartment · 2bd/1ba · ~850 sqft
$399,999
Cash-Flow Report · July 31, 2026
Cap Rate
0.76%
Monthly Cash Flow
-$1,588/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-21.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,841 |
| Property Tax | −$317 |
| Insurance | −$225 |
| Condo Fee | −$962 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,588/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,800 |
| Insurance | −$2,700 |
| Condo Fee | −$11,544 |
| Annual NOI | $3,046 |
| Cap Rate | 0.76% |
Cash Required to Close
| Down Payment (20%) | $79,999.8 |
| Ontario Land Transfer Tax | $4,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,474.8 |
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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