2507- 38 Widmer Street, Toronto C01
Toronto C01
$649,000
Cash flow, cap rate & mortgage breakdown
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Listed by SMART SOLD REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Bright & Spacious Corner Unit In The Heart Of Toronto's Entertainment District & Tech Hub! This Modern 2 Bed, 2 Bath Suite Offers 698 Sqf Of Total Living Space (638 Sqf Interior + 60 Sqf Balcony) With Spectacular Southwest Views. Functional Layout Featuring Closets With Built-In Organizers, Floor-To-Ceiling Windows, Premium Laminated Floor Throughout, Quarts Countertop, And Premium Miele Appliances. Both Bedrooms With Windows. The Building Has Great Amenities Including Gym, Yoga Room, Golf Simulator, Indoor And Outdoor Pool And Visitor Parking. Enjoy Exceptional High-Tech Amenities Including NFC Keyless Entry, State-Of-The-Art Conference Rooms, And Modern Co-Working Spaces Designed For Today's Work-From-Home Lifestyle. Unbeatable Location With 100 Walk Score - 5 Minute Walk To Osgoode Subway, Steps To PATH, Financial District, TIFF Festival, Queen Street Shopping, U Of T, TMU, OCAD, CN Tower, Rogers Centre, Scotiabank Arena, Union Station, Top Restaurants, Cafes, Theatres & More. Perfect For Young Professionals, End Users Or Investors!
MississaugaInvestor.ca
2507- 38 Widmer Street
Condo Apartment · 2bd/2ba · ~650 sqft
$649,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.38%
Monthly Cash Flow
-$2,243/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-18.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$2,987 |
| Property Tax | −$514 |
| Insurance | −$225 |
| Condo Fee | −$512 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,243/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,166 |
| Insurance | −$2,700 |
| Condo Fee | −$6,144 |
| Annual NOI | $8,930 |
| Cap Rate | 1.38% |
Cash Required to Close
| Down Payment (20%) | $129,800 |
| Ontario Land Transfer Tax | $9,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,255 |
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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