438- 15 Merchants Wharf N/A, Toronto C08
Toronto C08
$699,900
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE GOLD PACIFIC REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
51
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
LOCATION! LOCATION! LOCATION! Luxurious Aqualina By Tridel *Minutes To Loblaws, Farm Boy, Sugar Beach, Harbour Front, Don Valley Parkway And QEW *Rare Available One Bedroom W/Den *Den Can Be Used As An Office Or Guest Room *Freshly Painted Throughout *Approx 684 Sf As Per MPAC *Elegant, Bright And Spacious Unit Featuring A Beautiful Lake View And City View *9' Ceiling With Open Concept Provides An Abundance Of Natural Light *Practical Layout *Unit In Immuculate Condition And Comes With One Parking And One Storage Locker *Perfect Home For Young Professionals *Residents Enjoy Exclusive Access To A State-Of-The-Art, Multi Dollars Recreation Centre With Lap Pool And Gym *Come To Experience This Luxury, Convenience And Comfort All In One Stunning Sweet Home *24 Hour Concierge Security
MississaugaInvestor.ca
438- 15 Merchants Wharf N/A
Condo Apartment · 2bd/1ba · ~650 sqft
$699,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.03%
Monthly Cash Flow
-$2,621/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-20.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$3,222 |
| Property Tax | −$554 |
| Insurance | −$225 |
| Condo Fee | −$662 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$2,621/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,649 |
| Insurance | −$2,700 |
| Condo Fee | −$7,944 |
| Annual NOI | $7,217 |
| Cap Rate | 1.03% |
Cash Required to Close
| Down Payment (20%) | $139,980 |
| Ontario Land Transfer Tax | $10,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,453 |
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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