1308- 159 Wellesley Street, Toronto C08
Toronto C08
$799,000
Cash flow, cap rate & mortgage breakdown
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Listed by JDL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
65
Price Drop
6%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,550/mo
Estimated from market price-to-rent ratios
Remarks
Stunning 5-Year-New Corner Suite Featuring 3 Spacious Bedrooms And Floor-To-Ceiling Windows Offering Abundant Natural Light And Breathtaking Panoramic South Views Of Downtown Toronto. Enjoy Outdoor Living On The Expansive 200+ Sq Ft L-Shaped Balcony. Prime Downtown Location Just Steps To Wellesley Subway Station, Minutes To Bloor Street, Yorkville, U of T, OCAD, TMU (Ryerson), Financial District, YMCA, Restaurants, Shopping, And Everyday Amenities. High-Speed Internet Included In Maintenance Fees. Exceptional Building Amenities Include 24-Hour Concierge, Fully Equipped Gym, Study Room, Rooftop Deck, And Bicycle Storage. Perfect Opportunity For End Users Or Investors Seeking Luxury Urban Living In The Heart Of Toronto. Photos Are From Previous Listing. See Attached Floor Plan.
MississaugaInvestor.ca
1308- 159 Wellesley Street
Condo Apartment · 3bd/2ba · ~850 sqft
$799,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.12%
Monthly Cash Flow
-$2,930/mo
Estimated Rent
$2,550/mo
Cash-on-Cash
-20.06%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,550 |
| Mortgage | −$3,678 |
| Property Tax | −$633 |
| Insurance | −$225 |
| Condo Fee | −$816 |
| Vacancy (5%) | −$128 |
| Cash Flow | -$2,930/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$30,600 |
| Vacancy (5%) | −$1,530 |
| Property Tax | −$7,591 |
| Insurance | −$2,700 |
| Condo Fee | −$9,792 |
| Annual NOI | $8,987 |
| Cap Rate | 1.12% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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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