3406- 20 Richardson Street, Toronto C08
Toronto C08
$424,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
0
Bathrooms
1
Days on Market
54
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,400/mo
Estimated from market price-to-rent ratios
Remarks
Beautiful Waterfront Studio Offering 399 Sq Ft Of Efficient Living Space + Open Balcony. With Locker Included. Features A Functional Layout With Designated Sleeping Area And Walk-In Closet With Built-In Shelving. Bright Unit With Huge Windows And Excellent Natural Light. Prime Lower Jarvis & Queens Quay Location Steps To Loblaws, Sugar Beach, St. Lawrence Market, Distillery District, Gardiner Expressway & TTC At Your Doorstep. Exceptional Building Amenities Include Fitness Centre, Theatre Room, Art/Craft Studio, Garden Prep Studio, Outdoor Zen Garden, Shared Tennis & Basketball Court, Concierge Service & Ground Floor Retail. Transit Score 96 & Bike Score 94.
MississaugaInvestor.ca
3406- 20 Richardson Street
Condo Apartment · 0bd/1ba · ~250 sqft
$424,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.06%
Monthly Cash Flow
-$1,580/mo
Estimated Rent
$1,400/mo
Cash-on-Cash
-20.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,400 |
| Mortgage | −$1,956 |
| Property Tax | −$336 |
| Insurance | −$225 |
| Condo Fee | −$393 |
| Vacancy (5%) | −$70 |
| Cash Flow | -$1,580/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$16,800 |
| Vacancy (5%) | −$840 |
| Property Tax | −$4,037 |
| Insurance | −$2,700 |
| Condo Fee | −$4,716 |
| Annual NOI | $4,507 |
| Cap Rate | 1.06% |
Cash Required to Close
| Down Payment (20%) | $84,980 |
| Ontario Land Transfer Tax | $4,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $92,953 |
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.