
404- 1 The Esplanade N/A, Toronto C08
Toronto C08
$725,000
Cash flow, cap rate & mortgage breakdown
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Listed by UNION CAPITAL REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
77
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To 1 The Esplanade Suite 404, one of the largest units at the coveted Backstage condos! This spacious and well-designed suite offers almost 1000sqft of elegant living space, featuring 2 + 1 bedrooms and 2 full bathrooms - ideal for professionals, families, or those seeking a vibrant downtown lifestyle in the best location of the city. This model suite includes updated finishes and features custom blinds, kitchen island, undermount lighting, mirrored closet doors, upscale lighting, large primary bedroom with walk-in closet, and a separate dining area! Exceptional building amenities include guest suites, party room, bar and lounge, theatre room, outdoor pool & jacuzzi, and outdoor BBQ areas-offering a resort-style experience in one of downtown Toronto's most connected and desirable buildings. Located in the heart of St. Lawrence neighbourhood, this home places you steps from some of Toronto's most iconic destinations, including the famous St. Lawrence market, Hockey Hall of Fame, Toronto Islands, Skydome/Rogers Centre, the Round House, Ripley's, and Distillery District! Who needs to drive when you are steps to Union Station, Berczy Park, and the PATH system. Residents enjoy easy access to the Financial District, CF Toronto Eaton Centre, Scotiabank Arena, and the waterfront along Harbourfront. Commuters will appreciate immediate access to the TTC Subway Line 1, GO Transit via Union Station, and convenient connections to the Gardiner Expressway and Don Valley Parkway.
MississaugaInvestor.ca
404- 1 The Esplanade N/A
Condo Apartment · 3bd/2ba · ~950 sqft
$725,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.45%
Monthly Cash Flow
-$3,064/mo
Estimated Rent
$2,500/mo
Cash-on-Cash
-23.13%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,500 |
| Mortgage | −$3,337 |
| Property Tax | −$574 |
| Insurance | −$225 |
| Condo Fee | −$1,303 |
| Vacancy (5%) | −$125 |
| Cash Flow | -$3,064/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,000 |
| Vacancy (5%) | −$1,500 |
| Property Tax | −$6,888 |
| Insurance | −$2,700 |
| Condo Fee | −$15,636 |
| Annual NOI | $3,276 |
| Cap Rate | 0.45% |
Cash Required to Close
| Down Payment (20%) | $145,000 |
| Ontario Land Transfer Tax | $10,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $158,975 |
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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