
53 Poets Walk Way, Toronto C15
Toronto C15
$849,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
81
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Families, take note this rare corner-unit townhome in the highly sought-after Pleasant View community offers the perfect blend of space, layout and location. Welcome to 53 Poets Walk Way, a beautifully maintained 3-bedroom, 2-bathroom home within a well-managed, family-friendly complex. The corner unit allows for additional natural light throughout, creating a bright and airy feel across all levels. The main living and dining areas feature hardwood flooring and a cozy gas fireplace, ideal for both everyday living and entertaining. The modern kitchen is equipped with stainless steel appliances and a gas stove, offering both function and style. One of the standout features of this home is its exceptional indoor-outdoor flow. Enjoy two oversized balconies-perfect for your morning coffee or evening unwind-along with a private backyard patio backing directly onto Old Sheppard Park. This peaceful green space offers a playground for kids and a quiet escape right at your doorstep. The versatile ground floor provides additional living space with a walkout to the backyard, making it ideal for a home office, gym or potential fourth bedroom. Additional highlights include a built-in garage and driveway parking for two vehicles, along with access to the complex's outdoor pool just steps from your front door. Located in a prime North York location, you are walking distance to top-rated schools including Muirhead Public School and Brian Public School (French immersion), as well as Fairview Mall, grocery stores, restaurants and more. Easy access to Don Mills subway station, TTC transit, Hwy 401, the DVP and the LRT line makes commuting seamless. This is a rare opportunity to own a move-in ready corner-unit home backing onto parkland in one of North York's most connected and family-oriented communities.
MississaugaInvestor.ca
53 Poets Walk Way
Condo Townhouse · 3bd/2ba · ~1,500 sqft
$849,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.3%
Monthly Cash Flow
-$2,988/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-19.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,908 |
| Property Tax | −$672 |
| Insurance | −$225 |
| Condo Fee | −$653 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$2,988/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$8,066 |
| Insurance | −$2,700 |
| Condo Fee | −$7,836 |
| Annual NOI | $11,038 |
| Cap Rate | 1.3% |
Cash Required to Close
| Down Payment (20%) | $169,800 |
| Ontario Land Transfer Tax | $13,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,255 |
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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