
509- 245 The Donway N/A, Toronto C13
Toronto C13
$659,000
Cash flow, cap rate & mortgage breakdown
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Listed by Sotheby's International Realty Canada, Brokerage
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
50
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to one of the largest and most desirable suites in the highly soughtafter Village Mews community. Offering approximately 1,358 s, this bright and spacious 2 bed, 2-bath corner suite is ideally situated on the top floor, providing exceptional privacy, abundant natural light, and sweeping northwest views over the surrounding treetops and city skyline beyond. Designed for comfortable everyday living, the suite features generously proportioned principal rooms, hardwood flooring throughout, a cozy fireplace, and an inviting layout rarely found in today's condominium market. Two underground parking spaces and a private locker provide added convenience and peace of mind. Outside your door, discover the beautifully landscaped grounds that have made Village Mews one of Don Mills' most admired condominium communities. Meandering pathways, mature trees, lush gardens, tranquil waterfalls, fountains, and peaceful sitting areas create a setting that feels more like a private retreat than a condominium residence. Perfectly positioned for an active and connected lifestyle, you are just a short stroll to the Shops at Don Mills, offering upscale boutiques, restaurants, cafés, grocery shopping, banking, and everyday essentials. Nature lovers will appreciate the proximity to Edwards Gardens, the Toronto Botanical Garden, and nearby walking trails. Public transit is at your doorstep, with convenient access to the TTC, Don Mills Station, the DVP, and Highway 401.Whether you are downsizing from a family home or seeking a spacious, low maintenance lifestyle in one of Toronto's most established neighbourhoods, Suite 509 presents a rare opportunity to enjoy generous living space, exceptional amenities, and the timeless appeal of Don Mills. A wonderful opportunity to make this special residence your own.
MississaugaInvestor.ca
509- 245 The Donway N/A
Condo Apartment · 2bd/2ba · ~1,300 sqft
$659,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.33%
Monthly Cash Flow
-$2,852/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-23.69%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$3,033 |
| Property Tax | −$522 |
| Insurance | −$225 |
| Condo Fee | −$1,067 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,852/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,261 |
| Insurance | −$2,700 |
| Condo Fee | −$12,804 |
| Annual NOI | $2,175 |
| Cap Rate | 0.33% |
Cash Required to Close
| Down Payment (20%) | $131,800 |
| Ontario Land Transfer Tax | $9,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $144,455 |
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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