4209- 197 Yonge Street, Toronto C08
Toronto C08
$838,000
Cash flow, cap rate & mortgage breakdown
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Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
47
Price Drop
3%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
The Massey Tower * In The Heart Of Downtown Toronto *Southwest-Facing corner Unit In The Building Over-Looking The Cn Tower and ontario Lake From The Balcony * Open Layout With No Space Wasting, Floor To Ceiling Window Let In Lots Of Natural Light * Practical Full Kitchen With Sufficient Cabinet Storage Spaces * Ensuite Laundry * Amazing Amenities: Gym, Yoga Studio, Sauna, Steam Room, Rooftop Patio, Gorgeous Party/Dining Room, 24Hr Concierge, Etc. * Steps To Yonge-Dundas Square, Eaton Centre, Queen Subway Station, St. Michael Hospital, The Massey Hall, Financial District, Ryerson, Numerous Eateries & Countless Entertainment *
MississaugaInvestor.ca
4209- 197 Yonge Street
Condo Apartment · 3bd/2ba · ~850 sqft
$838,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.54%
Monthly Cash Flow
-$3,477/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-22.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,857 |
| Property Tax | −$663 |
| Insurance | −$225 |
| Condo Fee | −$1,202 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$3,477/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$7,961 |
| Insurance | −$2,700 |
| Condo Fee | −$14,424 |
| Annual NOI | $4,555 |
| Cap Rate | 0.54% |
Cash Required to Close
| Down Payment (20%) | $167,600 |
| Ontario Land Transfer Tax | $13,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $183,835 |
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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