1806- 188 Cumberland Street, Toronto C02
Toronto C02
$495,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
57
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,600/mo
Estimated from market price-to-rent ratios
Remarks
The Cumberland Tower is a luxury condo in the heart of Toronto's most prestigious and vibrant neighbourhood of Yorkville at Avenue Road and Cumberland Street. It offers hotel-style amenities with an indoor swimming pool, hot tub, sauna, guest suite, party room, rooftop garden with BBQ, and state-of-the-art fitness, 24-hour concierge and more. With an exceptional Transit Score, three subways nearby, Rom, University of Toronto and premier shopping and dining at your doorsteps. This well-kept one-bedroom unit is 455 square feet with an open concept layout facing south with ample sunlight. Floor-to-ceiling window, laminate plank floor and built-in Miele appliances, ideal for a first-time home buyer, retiree, professional or investor. One locker is included, and the maintenance fee includes Roger's internet. Show 10+++
MississaugaInvestor.ca
1806- 188 Cumberland Street
Condo Apartment · 1bd/1ba · ~250 sqft
$495,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.38%
Monthly Cash Flow
-$2,123/mo
Estimated Rent
$1,600/mo
Cash-on-Cash
-23.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,600 |
| Mortgage | −$2,278 |
| Property Tax | −$392 |
| Insurance | −$225 |
| Condo Fee | −$748 |
| Vacancy (5%) | −$80 |
| Cash Flow | -$2,123/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,200 |
| Vacancy (5%) | −$960 |
| Property Tax | −$4,703 |
| Insurance | −$2,700 |
| Condo Fee | −$8,976 |
| Annual NOI | $1,861 |
| Cap Rate | 0.38% |
Cash Required to Close
| Down Payment (20%) | $99,000 |
| Ontario Land Transfer Tax | $6,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $108,375 |
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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