
603- 51 Trolley Crescent, Toronto C08
Toronto C08
$459,900
Cash flow, cap rate & mortgage breakdown
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Listed by REAL ESTATE HOMEWARD
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
36
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,600/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to River City! This bright and beautifully designed one-bedroom suite offers a rare, layout that feels larger than your typical downtown condo. Unlike many one-bedroom condos, this is a true one-bedroom with a spacious bedroom that comfortably fits a king-size bed and offers excellent closet space. The thoughtful layout also provides room for a functional home office, making it ideal for those who work remotely without sacrificing living space. Featuring 9' exposed concrete ceilings, engineered hardwood floors, floor-to-ceiling windows, a modern kitchen with stainless steel appliances, and an open-concept layout filled with natural light. Enjoy two Juliette balconies plus a private 51 sq. ft. open balcony with beautiful city views overlooking the Queen Street Bridge. Located in vibrant Corktown, you're steps to the Distillery District, St. Lawrence Market, cafés, restaurants, parks, bike trails, and transit, with quick access to the Gardiner Expressway and Don Valley Parkway. River City I is a LEED Gold-certified building, recognized for its sustainable design and energy efficiency. Exceptional building amenities include an outdoor pool, fitness centre, party room, guest suites, concierge, and visitor parking.Urban living at its best!
MississaugaInvestor.ca
603- 51 Trolley Crescent
Condo Apartment · 1bd/1ba · ~550 sqft
$459,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.37%
Monthly Cash Flow
-$1,592/mo
Estimated Rent
$1,600/mo
Cash-on-Cash
-18.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,600 |
| Mortgage | −$2,117 |
| Property Tax | −$364 |
| Insurance | −$225 |
| Condo Fee | −$406 |
| Vacancy (5%) | −$80 |
| Cash Flow | -$1,592/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,200 |
| Vacancy (5%) | −$960 |
| Property Tax | −$4,369 |
| Insurance | −$2,700 |
| Condo Fee | −$4,872 |
| Annual NOI | $6,299 |
| Cap Rate | 1.37% |
Cash Required to Close
| Down Payment (20%) | $91,980 |
| Ontario Land Transfer Tax | $5,673 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $100,653 |
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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