
1201- 500 Avenue Road, Toronto C02
Toronto C02
$2,898,000
Cash flow, cap rate & mortgage breakdown
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Listed by HARVEY KALLES REAL ESTATE LTD.
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
$4,450/mo
Estimated from market price-to-rent ratios
Remarks
The moment you enter this bright, elegant, and spacious corner suite, you realize that you have arrived somewhere special. The spacious inlaid marble floor entry opens to an enormous dining room with a sweeping west view, overlooking Lower Forest Hill Village and beyond. The bar area off the entertainment size living room serves equally as a card or games room. The fabulous chef's kitchen, equipped with Miele and Sub-Zero appliances is all one could ask for with its expansive centre island, sun filled breakfast room, and enough storage space to satisfy the most prolific cook. The split bedroom plan allows privacy for guests and is equally well suited for live-in help. The unit has a large laundry room with full sized Miele washer and dryer, and plenty of storage. There are pot lights throughout, battery operated sun-blinds on all the windows, and two separate furnaces and air-conditioning units for 2-zone control. This in-demand building is walking distance to Upper Canada College, Forest Hill Collegiate, the Village Shops and is just steps to TTC. There is 24-hour concierge service with valet parking included, and a car wash service is available for a small fee. Other amenities include a party/meeting room, an exercise room and a lovely private garden for enjoying the outdoors. This fabulous home will not disappoint. Note: Hardwood Flooring Is "Engineered Hardwood."
MississaugaInvestor.ca
1201- 500 Avenue Road
Condo Apartment · 2bd/3ba · ~2,875 sqft
$2,898,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.65%
Monthly Cash Flow
-$14,915/mo
Estimated Rent
$4,450/mo
Cash-on-Cash
-27.9%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,450 |
| Mortgage | −$13,339 |
| Property Tax | −$2,294 |
| Insurance | −$225 |
| Condo Fee | −$3,284 |
| Vacancy (5%) | −$223 |
| Cash Flow | -$14,915/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,400 |
| Vacancy (5%) | −$2,670 |
| Property Tax | −$27,531 |
| Insurance | −$2,700 |
| Condo Fee | −$39,408 |
| Annual NOI | $-18,909 |
| Cap Rate | -0.65% |
Cash Required to Close
| Down Payment (20%) | $579,600 |
| Ontario Land Transfer Tax | $58,925 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $641,525 |
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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