811- 4978 Yonge Street, Toronto C07
Toronto C07
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by SMART SOLD REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
46
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,500/mo
Estimated from market price-to-rent ratios
Remarks
Spacious One Bedroom Unit in the Luxurious Menkes Ultima Towers. Unbeatable Location in the Heart of North York. Underground Direct Access to TTC Subway. Very Practical Layout. Freshly painted. Modern Flooring(2024) througout the Unit. Open-concept Kitchen with Newer Stainless Steel Fridge(2023). Ample Facilities Including Gym and Swimming Pool in the Building. Tons of Shop and Restaurants Nearby. Short Distance To Parks, Schools, Library, and Various Amenities. Easy Access To Hwy 401. Don't Miss it!
MississaugaInvestor.ca
811- 4978 Yonge Street
Condo Apartment · 1bd/1ba · ~550 sqft
$399,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.06%
Monthly Cash Flow
-$1,483/mo
Estimated Rent
$1,500/mo
Cash-on-Cash
-20.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,500 |
| Mortgage | −$1,837 |
| Property Tax | −$316 |
| Insurance | −$225 |
| Condo Fee | −$530 |
| Vacancy (5%) | −$75 |
| Cash Flow | -$1,483/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,000 |
| Vacancy (5%) | −$900 |
| Property Tax | −$3,791 |
| Insurance | −$2,700 |
| Condo Fee | −$6,360 |
| Annual NOI | $4,249 |
| Cap Rate | 1.06% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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