
1602- 530 St Clair Avenue, Toronto C03
Toronto C03
$999,000
Cash flow, cap rate & mortgage breakdown
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Listed by HARVEY KALLES REAL ESTATE LTD.
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
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Experience breathtaking North, South, and West views that stretch as far as the eye can see from this sun-drenched corner suite. Originally designed as a 2 Bedroom + Den, this One-Of-A-Kind layout has been elegantly transformed into a spacious 1 Bedroom + Den, offering expansive living and dining areas that are perfect for entertaining or relaxing in style. The adaptable floor plan allows for an easy conversion back to its original layout, providing flexibility to suit your evolving needs. Floor-to-ceiling windows wrap around the entire unit, flooding the space with natural light and showcasing incredible unobstructed views and sunsets from every angle. The primary bedroom is a private retreat, complete with a walk-in closet and a luxurious ensuite. The Den is impressively spacious large enough to serve as a second bedroom with convenient access to a second, beautifully finished full bathroom. The kitchen is a showpiece, offering high end appliances, a large island with stone countertops, and barstool seating, seamlessly flowing into a dedicated dining area. The oversized living space easily fits a large sectional, making the suite feel warm, functional, and perfectly balanced. With two balconies, ample storage, and tens of thousands spent on premium custom finishes, this condo offers both style and practicality. It also includes one parking space and an oversized locker for added convenience. Ideally located at Bathurst and St. Clair, you're in the heart of one of Toronto's most vibrant and walkable neighbourhoods. Enjoy immediate access to transit with the St. Clair West subway and streetcar lines right at your doorstep. Stroll to Loblaws, cafes, restaurants, parks, and shops, or unwind in nearby green spaces like Sir Winston Churchill Park. With its rare combination of comfort, design, and location, this is a truly special offering.
MississaugaInvestor.ca
1602- 530 St Clair Avenue
Condo Apartment · 2bd/2ba · ~950 sqft
$999,000
Cash-Flow Report · August 3, 2026
Cap Rate
0.34%
Monthly Cash Flow
-$4,318/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-23.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$4,598 |
| Property Tax | −$791 |
| Insurance | −$225 |
| Condo Fee | −$1,031 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$4,318/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$9,491 |
| Insurance | −$2,700 |
| Condo Fee | −$12,372 |
| Annual NOI | $3,367 |
| Cap Rate | 0.34% |
Cash Required to Close
| Down Payment (20%) | $199,800 |
| Ontario Land Transfer Tax | $16,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,255 |
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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