
60 Tangle Briar Way, Toronto C15
Toronto C15
$799,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PLUS CITY TEAM INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
23
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Nestled in the heart of sought-after Bayview Village, this beautifully maintained 1684 square ft 3 Bedroom, 3 Bathroom townhouse offers the perfect blend of space, comfort, and convenience. Tucked within the family-oriented, quiet courtyard of Tangle Briar Way and backing onto a tree-lined yard, this sun-filled home features an ideal layout for families and professionals alike. The main floor showcases an inviting open-concept living and dining area with hardwood flooring, filled with east and west sunlight. The stylish kitchen features quartz countertops, stainless steel appliances, ample cabinetry, and a bright window overlooking the courtyard. The second level offers two generously sized bedrooms and an updated three-piece main bathroom, providing flexibility for growing families, guests, or a home office. Occupying the entire third floor, the expansive primary retreat is a true sanctuary, complete with a spacious separate sitting area perfect for a home office or nursery, two closets, and a private four-piece ensuite. The finished lower level adds valuable living space with a large recreation room, ideal for movie nights, a home gym, or additional workspace. Step outside to enjoy the tree-lined backyard with an interlock patio, perfect for summer barbecues or outdoor dining. As part of the condominium corporation's improvements, the patio is currently being updated and is expected to be completed in the next few weeks. Roof, landscaping and garbage pick-up taken care of by the condo corp. With a convenient underground parking spot in a heated garage, this home is ideally located minutes from Bayview Village Shopping Centre, Fairview Mall, North York General Hospital, Leslie Park, Cummer Park Community Centre, top-rated schools, Highway 401, and the Don Valley Parkway. Enjoy the added benefit of walking to Leslie Subway Station, Old Cummer GO Station, the Upper Don Recreation Trail, neighbourhood shopping plazas, and TTC service just outside the complex.
MississaugaInvestor.ca
60 Tangle Briar Way
Condo Townhouse · 4bd/3ba · ~1,700 sqft
$799,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.63%
Monthly Cash Flow
-$2,593/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-17.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$3,678 |
| Property Tax | −$633 |
| Insurance | −$225 |
| Condo Fee | −$812 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$2,593/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$7,591 |
| Insurance | −$2,700 |
| Condo Fee | −$9,744 |
| Annual NOI | $13,025 |
| Cap Rate | 1.63% |
Cash Required to Close
| Down Payment (20%) | $159,800 |
| Ontario Land Transfer Tax | $12,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,255 |
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
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