503- 18 Rean Drive, Toronto C15
Toronto C15
$399,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by CENTURY 21 KING`S QUAY REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
25
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and functional 1+1 bedroom suite offering a thoughtfully designed layout ideal for comfortable urban living. Complete with 1 parking space and 1 locker, this well-maintained unit provides both convenience and practicality. The open-concept living and dining areas create a spacious, inviting atmosphere, while large windows fill the home with abundant natural light. The versatile den is generously sized to comfortably accommodate a twin bed and a study desk, making it an ideal home office, study area, children's bedroom, or guest space. Located in a highly desirable North York community, residents enjoy easy access to transit, shopping, restaurants, parks, and everyday amenities. This suite presents an excellent opportunity for first-time buyers, professionals, downsizers, or investors seeking comfortable condo living in a prime location.
MississaugaInvestor.ca
503- 18 Rean Drive
Condo Apartment · 2bd/1ba · ~550 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.86%
Monthly Cash Flow
-$1,219/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-16.76%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,837 |
| Property Tax | −$316 |
| Insurance | −$225 |
| Condo Fee | −$598 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,219/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,791 |
| Insurance | −$2,700 |
| Condo Fee | −$7,176 |
| Annual NOI | $7,423 |
| Cap Rate | 1.86% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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.