
1002- 18 Harrison Garden, Toronto C14
Toronto C14
$668,000
Cash flow, cap rate & mortgage breakdown
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Listed by HIGHLAND REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
23
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to The Residence of Avondale by Shane Baghai, ideally situated in the prestigious Yonge & Sheppard corridor. This brand-new renovated 2-bedroom, 2-bathroom suite offers a 850 sq.ft. of elegant, carpet-free living space plus a private balcony with stunning views of the downtown Toronto skyline. Thoughtfully designed with a bright and functional layout, the unit features newly installed vinyl flooring, freshly painted interiors and spacious rooms ideal for both everyday living and entertaining. The modern open-concept kitchen is appointed with granite countertops, stainless steel appliances, a stylish backsplash, and a convenient peninsula island. The primary bedroom serves as a private retreat, complete with a 4-piece ensuite, custom closet organizers, and a desirable corner layout with windows on two sides, allowing for abundant natural light. The second bedroom is well-proportioned with ample storage. Both bathrooms have been upgraded with new vanities & new mirrors, enhancing the suite's contemporary appeal. Additional highlights include brand new appliances, in-suite laundry, one parking space, and a locker. Maintenance fee includes all utilities (heat, hydro, and water), offering exceptional value and ease of ownership. Residents enjoy access to a full suite of luxury amenities, including an indoor pool, hot tub, sauna, fully equipped fitness center, party room, guest suites, library, meeting room, outdoor BBQ area, and 24-hour concierge service. Unbeatable location just steps to Yonge & Sheppard subway station, minutes to Hwy 401, and surrounded by top-tier amenities including restaurants, shopping, parks, schools, and a 24-hour Rabba grocery store at your doorstep. A rare opportunity to own a turnkey, newly renovated suite in one of North York's most sought-after communities.
MississaugaInvestor.ca
1002- 18 Harrison Garden
Condo Apartment · 2bd/2ba · ~850 sqft
$668,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.79%
Monthly Cash Flow
-$2,633/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-21.58%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$3,075 |
| Property Tax | −$529 |
| Insurance | −$225 |
| Condo Fee | −$799 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,633/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,346 |
| Insurance | −$2,700 |
| Condo Fee | −$9,588 |
| Annual NOI | $5,306 |
| Cap Rate | 0.79% |
Cash Required to Close
| Down Payment (20%) | $133,600 |
| Ontario Land Transfer Tax | $9,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $146,435 |
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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