PH 5502- 50 Charles Street, Toronto C08
Toronto C08
$1,888,800
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE/J & D DIVISION
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
3
Days on Market
35
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,400/mo
Estimated from market price-to-rent ratios
Remarks
Refined Luxury Above the City - Discover elevated living in this impeccably designed penthouse corner suite featuring over 1,700 sq. ft. of curated interiors and two sweeping terraces totalling 1,610 sq. ft. a perfect blend of grand entertaining and tranquil escape. With 10-foot ceilings and floor-to-ceiling windows framing captivating skyline views, the residence exudes sophistication through a bespoke chef's kitchen, custom finishes, and a gas fireplace. Steps from Yonge & Bloor, U of T, luxury boutiques, and transit, this home offers access to premier amenities including an infinity-edge pool, state-of-the-art fitness studio, and 24-hour concierge. Two parking spaces and two storage lockers complete this rare offering of urban elegance.
MississaugaInvestor.ca
PH 5502- 50 Charles Street
Condo Apartment · 2bd/3ba · ~1,700 sqft
$1,888,800
Cash-Flow Report · July 31, 2026
Cap Rate
-0.37%
Monthly Cash Flow
-$9,270/mo
Estimated Rent
$3,400/mo
Cash-on-Cash
-26.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,400 |
| Mortgage | −$8,694 |
| Property Tax | −$1,495 |
| Insurance | −$225 |
| Condo Fee | −$2,086 |
| Vacancy (5%) | −$170 |
| Cash Flow | -$9,270/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,800 |
| Vacancy (5%) | −$2,040 |
| Property Tax | −$17,944 |
| Insurance | −$2,700 |
| Condo Fee | −$25,032 |
| Annual NOI | $-6,916 |
| Cap Rate | -0.37% |
Cash Required to Close
| Down Payment (20%) | $377,760 |
| Ontario Land Transfer Tax | $34,251 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $415,011 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.