524- 27 Rean Drive, Toronto C15
Toronto C15
$430,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX WEST REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
80
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,550/mo
Estimated from market price-to-rent ratios
Remarks
Quiet yet urban 27 Rean Drive offers the best version of Bayview Village. A very convenient location set inside a boutique, well-maintained building that feels calm, safe, and comfortable to come home to.The layout is exactly what you'd want in a condo: spacious and efficient with no wasted space. The south-facing exposure brings in natural light, while the kitchen offers more functionality than expected, with useful counter space, ample cabinet space, and a breakfast bar. What makes this suite stand out is the complete package. Parking is included! A decent-sized locker is included! And the location is impossible to beat, steps to Bayview Village Shopping Centre, Bayview Subway Station, dining, groceries, daily essentials, and only a short drive to the 401. Merci Condos offers fantastic amenities, including a gym, a rooftop deck with BBQs, a movie theatre, a party room, and concierge service.
MississaugaInvestor.ca
524- 27 Rean Drive
Condo Apartment · 1bd/1ba · ~550 sqft
$430,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.75%
Monthly Cash Flow
-$1,709/mo
Estimated Rent
$1,550/mo
Cash-on-Cash
-21.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,550 |
| Mortgage | −$1,979 |
| Property Tax | −$340 |
| Insurance | −$225 |
| Condo Fee | −$637 |
| Vacancy (5%) | −$78 |
| Cash Flow | -$1,709/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,600 |
| Vacancy (5%) | −$930 |
| Property Tax | −$4,085 |
| Insurance | −$2,700 |
| Condo Fee | −$7,644 |
| Annual NOI | $3,241 |
| Cap Rate | 0.75% |
Cash Required to Close
| Down Payment (20%) | $86,000 |
| Ontario Land Transfer Tax | $5,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $94,075 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.