
22- 39 Drewry Avenue, Toronto C07
Toronto C07
$579,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX IMPERIAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
3
Days on Market
43
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
A Well-Built Townhome Nestled In The Heart Of The North York Community, Within Walking Distance To All Amenities, Including The Finch Subway Station. This Townhome Is Entirely Carpet-Free, And Has An Open-Concept Layout On The Main Floor Plus A Den On The Lower Level. One Large Locker & One Underground Parking Included.
MississaugaInvestor.ca
22- 39 Drewry Avenue
Condo Townhouse · 2bd/3ba · ~1,100 sqft
$579,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.7%
Monthly Cash Flow
-$1,844/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-17.44%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,665 |
| Property Tax | −$458 |
| Insurance | −$225 |
| Condo Fee | −$443 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$1,844/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,501 |
| Insurance | −$2,700 |
| Condo Fee | −$5,316 |
| Annual NOI | $9,853 |
| Cap Rate | 1.7% |
Cash Required to Close
| Down Payment (20%) | $115,800 |
| Ontario Land Transfer Tax | $8,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $126,855 |
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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