
2203- 330 Richmond Street, Toronto C01
Toronto C01
$748,800
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
18
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 330 Richmond Street West, where contemporary design meets the vibrant lifestyle of Toronto's Entertainment District. This beautifully appointed 2-bedroom, 2-bathroom residence offers 771 sq. ft. of thoughtfully designed interior living space plus an impressive 192 sq. ft. of outdoor space across two private balconies, complete with 1 parking space and 1 locker.Designed with both style and functionality in mind, the open-concept layout is enhanced by 9-foot ceilings and floor-to-ceiling windows that fill the home with natural light. The sleek modern kitchen seamlessly connects to the living and dining areas, creating an ideal space for everyday living and entertaining. The spacious primary suite features a 4-piece ensuite, generous closet space, and its own private balcony, while the second bedroom offers flexibility for guests, a home office, or growing families.Enjoy two expansive balconies that provide the perfect setting to unwind, entertain, or take in the surrounding cityscape.Residents enjoy an exceptional collection of amenities, including a 24-hour concierge, state-of-the-art fitness centre, yoga studio with saunas, rooftop outdoor pool, BBQ and lounge area, party room, private dining room, theatre, and games/billiards room.Ideally located just steps from Toronto's finest restaurants, cafés, theatres, shops, nightlife, public transit, and the Financial District, this is an outstanding opportunity to experience the very best of downtown living.
MississaugaInvestor.ca
2203- 330 Richmond Street
Condo Apartment · 2bd/2ba · ~750 sqft
$748,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.72%
Monthly Cash Flow
-$2,999/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-21.92%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$3,447 |
| Property Tax | −$593 |
| Insurance | −$225 |
| Condo Fee | −$824 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$2,999/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$7,114 |
| Insurance | −$2,700 |
| Condo Fee | −$9,888 |
| Annual NOI | $5,378 |
| Cap Rate | 0.72% |
Cash Required to Close
| Down Payment (20%) | $149,760 |
| Ontario Land Transfer Tax | $11,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,211 |
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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