1209- 38 Widmer Street, Toronto C01
Toronto C01
$478,000
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 PEACELAND STEVEN SUN REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
31
Price Drop
8%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,600/mo
Estimated from market price-to-rent ratios
Remarks
Two Year New Concord Central Condo, 1 Bedroom with 9' Ceilings. Located In The Heart Of The Entertainment District And Toronto's Tech Hub. This Beautiful 1 bedroom has Total 535sf(475sf + 60sf Balcony).Minutes to street cars, subway, Financial District, TIFF Lightbox, OCAD, Princess of Wales Theatre, Metro Hall, CN Tower, Rogers Centre. Surrounded by trendy restaurants, fine dining, cafes, boutiques, shops & city market.100% wifi connectivity in common areas, touch-less entry, 24hr concierge, fitness centre, co-working lounge, conference room, outdoor pool & theatre, refrigerated parcel storage, EV chargers & visitor parking!
MississaugaInvestor.ca
1209- 38 Widmer Street
Condo Apartment · 1bd/1ba · ~250 sqft
$478,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.34%
Monthly Cash Flow
-$1,664/mo
Estimated Rent
$1,600/mo
Cash-on-Cash
-19.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,600 |
| Mortgage | −$2,200 |
| Property Tax | −$378 |
| Insurance | −$225 |
| Condo Fee | −$381 |
| Vacancy (5%) | −$80 |
| Cash Flow | -$1,664/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,200 |
| Vacancy (5%) | −$960 |
| Property Tax | −$4,541 |
| Insurance | −$2,700 |
| Condo Fee | −$4,572 |
| Annual NOI | $6,427 |
| Cap Rate | 1.34% |
Cash Required to Close
| Down Payment (20%) | $95,600 |
| Ontario Land Transfer Tax | $6,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $104,635 |
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.