
N515- 455 Front Street, Toronto C08
Toronto C08
$349,900
Cash flow, cap rate & mortgage breakdown
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Listed by FOX MARIN ASSOCIATES LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
0
Bathrooms
1
Days on Market
24
Price Drop
12%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,300/mo
Estimated from market price-to-rent ratios
Remarks
For the Young & the Restless. Some spaces you tour. This one you fall for. And if you're the betting type, our money says the search ends right here, at Suite N-515. This isn't a shoebox with delusions of grandeur. She knows exactly what she is, and she owns it. No filter. No AI. Just exactly as advertised. This gem is the real thing: 9+ foot ceilings, engineered hardwood, floor-to-ceiling windows, coffee-coloured walls, and wallpapered accents. Studio energy, condo convenience, zero compromise. This floor plan has no business working this well. And yet? A proper living area. Space for a desk (yes, actually). Sleeping quarters that make sense. And a kitchen that lives on its own, away from your bed, which anyone who has ever owned a studio will tell you is the whole ballgame. That kitchen, by the way, is showing off: light cabinetry, green tiled backsplash, stone counters, and open shelving begging to be styled. The bathroom keeps pace with a large vanity, considered finishes, and the kind of warmth that usually costs extra. Then the encore: a large south-facing balcony, ready for morning coffee, evening spritzers, and the sudden realization that you've had opinions about planters and growing your own herbs all along. Freshly refreshed with new paint, backsplash, floating shelves, wallpaper and drapery, so all that's left to do is move in and take credit. The building delivers the full stack: 24-hour concierge, proper gym, outdoor terrace with BBQs, meeting room, and yes, your dog is welcome. All set in the Canary District, where the streets are walkable, the neighbourhood is safe, George Brown and TMU are practically classmates, and first-time buyers get to start at the top of their class instead of working their way up from the back row. Even Victor Newman would approve!
MississaugaInvestor.ca
N515- 455 Front Street
Condo Apartment · 0bd/1ba · ~250 sqft
$349,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.18%
Monthly Cash Flow
-$1,267/mo
Estimated Rent
$1,300/mo
Cash-on-Cash
-19.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,300 |
| Mortgage | −$1,611 |
| Property Tax | −$277 |
| Insurance | −$225 |
| Condo Fee | −$389 |
| Vacancy (5%) | −$65 |
| Cash Flow | -$1,267/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$15,600 |
| Vacancy (5%) | −$780 |
| Property Tax | −$3,324 |
| Insurance | −$2,700 |
| Condo Fee | −$4,668 |
| Annual NOI | $4,128 |
| Cap Rate | 1.18% |
Cash Required to Close
| Down Payment (20%) | $69,980 |
| Ontario Land Transfer Tax | $3,724 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $76,704 |
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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