
706- 533 Richmond Street, Toronto C01
Toronto C01
$899,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by REAL ESTATE HOMEWARD
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
25
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
An Incredible opportunity to call this Contemporary & Intimate Soft Loft Home. The conveniences are all within walking distance.This isn't called the Entertainment District for Nothing. An endless & incredible variety of Restaurants & Entertainment are all at your doorstep. The recently developed Waterworks complex features a Gourmet Food Hall, YMCA, St Andrews Playground & Dog Park. While THE ACE HOTEL contributes Perfectly to the Modern Vibe of the neighbourhood . With access to Toronto's expanding Bike Lane network & a Perfect Walk Score, this truly is a Walkers Paradise. Western Sunlight streams in the Floor to Ceiling oversized sliding glass doors highlighting the Concrete Ceiling & Feature Wall, while bringing an abundance of light into your living space. Unit #706 offers multiple Spacious Closest w/ Modern Built-ins. The Multi-Functional 2nd Bedroom is currently used as a Quiet Private Office with the option of converting back to 2 Bedrooms ( with a quick Closet Re-Install). Being one way streets w/bike lanes, Richmond & Portland offers a quieter setting apart from the bustling King & Queen Street West. A Unique Gas Line Hookup on the Balcony allows Gas cooking Inside and Out. Parking & Locker Included. Enjoy Your Visit !
MississaugaInvestor.ca
706- 533 Richmond Street
Condo Apartment · 2bd/2ba · ~950 sqft
$899,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.03%
Monthly Cash Flow
-$4,114/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-25.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$4,138 |
| Property Tax | −$712 |
| Insurance | −$225 |
| Condo Fee | −$1,271 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$4,114/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$8,541 |
| Insurance | −$2,700 |
| Condo Fee | −$15,252 |
| Annual NOI | $297 |
| Cap Rate | 0.03% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
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.