
7401- 388 Yonge Street, Toronto C01
Toronto C01
$848,888
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
43
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Experience Elevated Urban Living In This Executive Residence Located On The 74th Floor Of Aura At College Park-A Landmark High-Rise In Downtown Toronto. Offering Approximately 786 Sq. Ft. Of Interior Space, This Bright 2-Bedroom, 2-Bathroom Suite Features 9-Ft Ceilings, Floor-To-Ceiling Windows, And Unobstructed Views.The Home Features An Upgraded Centre Island And Custom Pot Lighting Installed By Owner, Adding A Modern And Refined Touch Throughout. The Open-Concept Kitchen Includes A Centre Island And Stainless Steel Appliances. The Primary Bedroom Features A 4-Piece Ensuite Bathroom. Front-Load Washer And Dryer Are Included. One Underground Parking Space Is Included.Residents Enjoy Access To Building Amenities Including A Fitness Centre, 24-Hour Concierge And Security, Party And Meeting Rooms, And On-Site Retail And Everyday Conveniences Within The Building Complex.Conveniently Located Steps To Toronto Metropolitan University, University Of Toronto, Major Hospitals, The Financial District, CF Toronto Eaton Centre, Restaurants, And Shopping.One Of Toronto's Rarest 74th-Floor Residences - A Truly Elevated Living Experience.A Rare Opportunity To Own A High-Floor Residence In One Of Downtown Toronto's Most Recognized Addresses.
MississaugaInvestor.ca
7401- 388 Yonge Street
Condo Apartment · 2bd/2ba · ~750 sqft
$848,888
Cash-Flow Report · July 31, 2026
Cap Rate
0.87%
Monthly Cash Flow
-$3,294/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-21.23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$3,907 |
| Property Tax | −$672 |
| Insurance | −$225 |
| Condo Fee | −$675 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$3,294/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$8,064 |
| Insurance | −$2,700 |
| Condo Fee | −$8,100 |
| Annual NOI | $7,356 |
| Cap Rate | 0.87% |
Cash Required to Close
| Down Payment (20%) | $169,777.6 |
| Ontario Land Transfer Tax | $13,453 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,230.6 |
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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