
1102- 28 Avondale Avenue, Toronto C14
Toronto C14
$608,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
32
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Discover the charm of urban living at this boutique Flo Condominium located at 28 Avondale Ave, nestled on a quiet low-rise residential street in the heart of the highly sought-after Yonge & Sheppard neighbourhood. This modern and stylish condo offers a bright, open-concept layout with soaring 9-ft smooth ceilings, contemporary laminate/wood flooring throughout, and expansive floor-to-ceiling windows that flood the space with natural light.The sleek designer kitchen is a true highlight, featuring quartz/stone countertops, glass tile backsplash, and luxurious built-in stainless steel appliances, including a panelled fridge, cooktop, oven, and microwave/hood fan-perfect for both everyday living and entertaining. Enjoy a walk-out to a private balcony, ideal for relaxing or hosting guests.Perfectly positioned just steps from Yonge & Sheppard Subway Station and TTC, with effortless access to Highway 401, Highway 404, and the Don Valley Parkway-commuting is seamless in every direction. Daily essentials are right outside your door, including grocery stores, restaurants, cafés, banks, entertainment, parks, libraries, and nearby landmarks such as Hullmark Centre.This 12-storey boutique building offers premium amenities including an elegant lobby lounge, concierge service, car drop-off area, fitness centre, party room, two rooftop terraces, bike lockers, and visitor parking.Parking and locker included. A rare opportunity to enjoy comfort, style, and an unbeatable location-this condo delivers refined urban living at its best.
MississaugaInvestor.ca
1102- 28 Avondale Avenue
Condo Apartment · 2bd/2ba · ~750 sqft
$608,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.95%
Monthly Cash Flow
-$2,318/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-20.88%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,799 |
| Property Tax | −$481 |
| Insurance | −$225 |
| Condo Fee | −$760 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,318/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,776 |
| Insurance | −$2,700 |
| Condo Fee | −$9,120 |
| Annual NOI | $5,774 |
| Cap Rate | 0.95% |
Cash Required to Close
| Down Payment (20%) | $121,600 |
| Ontario Land Transfer Tax | $8,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $133,235 |
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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