404- 251 Queens Quay, Toronto C01
Toronto C01
$1,299,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
45
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
1641 Sq Ft including 159 Sq Ft Solarium Welcome To Admiralty Point! Low-Rise Boutique Building with only 61 suites on the lake with Concierge. Resort Style Roof Top Pool, with breathtaking views south and north shared with the attached Radisson Hotel. West facing two B/R Corner Suite, large open Living Space great for entertaining. Walk To Work In Financial District, or Retire with first class living On the Harbour Front. Exclusive Use Of 1 Parking Space And 1 Locker." Property Vacant
MississaugaInvestor.ca
404- 251 Queens Quay
Condo Apartment · 2bd/2ba · ~1,700 sqft
$1,299,900
Cash-Flow Report · July 31, 2026
Cap Rate
-0.39%
Monthly Cash Flow
-$6,403/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-26.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$5,983 |
| Property Tax | −$1,029 |
| Insurance | −$225 |
| Condo Fee | −$1,826 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$6,403/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$12,349 |
| Insurance | −$2,700 |
| Condo Fee | −$21,912 |
| Annual NOI | $-5,041 |
| Cap Rate | -0.39% |
Cash Required to Close
| Down Payment (20%) | $259,980 |
| Ontario Land Transfer Tax | $22,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,453 |
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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