
9- 31 Florence Street, Toronto C01
Toronto C01
$679,000
Cash flow, cap rate & mortgage breakdown
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Listed by CITYSCAPE REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
76
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Discover modern living in this beautifully upgraded 941Sqft + 21 sqft balcony. Newer built 2-bed, 2-bath home. Step inside and feel the warmth of natural light pouring through floor-to-ceiling windows, highlighting the elegant marble and wood-style flooring!!Your next chapter starts here. This modern, light-filled 2-bed, 2-bath beauty gives you all the space, style, and comfort you've been dreaming of-right in the heart of the trendy Queen Street neighborhood. Walk in and instantly feel the vibe: Enter directly to your unit and step into the Luxurious mix of Marble & elegant Wooden Style Flooring Throughout!! NINE foot high ceilings on main floor!! Floor-to-ceiling windows flooding the space with sunshine!!Open-concept living perfect for hosting or unwinding A sleek, upgraded chef-inspired kitchen with granite counters + a huge island Two balconies! One covered for morning coffees or evening sunsets Elegant marble + wood-style flooring throughout. All of this in a home that's less than 7 years old, with direct entry and extra storage. Steps to transit, shops, restaurants, and everything you love about urban living. This is definitely the kind of place that feels good the moment you walk in.!!!!! Large multifunctional Granite Topped Island with Breakfast Bar and Stainless Steel Appliances. Extra space available in the utility room for storage. This unit will not disappoint!! Offered at a great price! **EXTRAS**Custom Roller blinds & California Shutters. S/S Refrigerator, Oven, Microwave And Dishwasher. Stacked Washer And Dryer.
MississaugaInvestor.ca
9- 31 Florence Street
Condo Townhouse · 2bd/2ba · ~950 sqft
$679,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.45%
Monthly Cash Flow
-$2,305/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-18.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$3,125 |
| Property Tax | −$538 |
| Insurance | −$225 |
| Condo Fee | −$459 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$2,305/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,451 |
| Insurance | −$2,700 |
| Condo Fee | −$5,508 |
| Annual NOI | $9,851 |
| Cap Rate | 1.45% |
Cash Required to Close
| Down Payment (20%) | $135,800 |
| Ontario Land Transfer Tax | $10,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $148,855 |
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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