1408- 1001 Bay Street, Toronto C01
Toronto C01
$549,000
Cash flow, cap rate & mortgage breakdown
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Listed by CHESTNUT PARK REAL ESTATE LIMITED
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
60
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Experience sophisticated downtown living in this spacious 671 sq. ft. suite with underground parking. High quality flooring throughout in immaculate condition. Upgraded kitchen and bath. A well-designed floor plan that makes it easy to create a work space if needed or have a living room/library area. This condo offers the perfect balance of comfort and convenience. Enjoy access to world class amenities at "Club 1001" with an indoor pool, hot tub, racquet ball court, library ,outdoor barbecues/lounge area plus more that elevates everyday living.An ideal home for professionals, investors, or anyone seeking a premier urban lifestyle.24 hour concierge. Located in a well-established neighbourhood that is steps from world-class dining, shopping, entertainment, and transit.
MississaugaInvestor.ca
1408- 1001 Bay Street
Condo Apartment · 2bd/1ba · ~650 sqft
$549,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.2%
Monthly Cash Flow
-$1,978/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-19.74%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,527 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$691 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$1,978/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,216 |
| Insurance | −$2,700 |
| Condo Fee | −$8,292 |
| Annual NOI | $6,592 |
| Cap Rate | 1.2% |
Cash Required to Close
| Down Payment (20%) | $109,800 |
| Ontario Land Transfer Tax | $7,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,255 |
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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