212- 195 Merton Street, Toronto C10
Toronto C10
$579,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
59
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Spacious modern, 1- bedroom, newly renovated, 1- bathroom suite, and newly painted through out. Featuring a bright open concept layout plus balcony, (with upgraded stainless steel appliances). Parking and locker. Ideally, located 5 minutes from the subway and backed on scenic trails providing a perfect balance of urban convience and nature. Well maintained upscaled building, this unit is perfect for professionals seeking comfortable style and exceptional location. Low maintenance includes: CAC, Hydro, Heat, Etc.
MississaugaInvestor.ca
212- 195 Merton Street
Condo Apartment · 1bd/1ba · ~650 sqft
$579,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.38%
Monthly Cash Flow
-$2,487/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-23.49%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$2,669 |
| Property Tax | −$459 |
| Insurance | −$225 |
| Condo Fee | −$749 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$2,487/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$5,509 |
| Insurance | −$2,700 |
| Condo Fee | −$8,988 |
| Annual NOI | $2,183 |
| Cap Rate | 0.38% |
Cash Required to Close
| Down Payment (20%) | $115,980 |
| Ontario Land Transfer Tax | $8,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $127,053 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.