
607- 126 Simcoe Street, Toronto C01
Toronto C01
$662,500
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by UPPERSIDE REAL ESTATE LIMITED
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
17
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
Must see , vacant, move-in-ready 2 bedroom, 2 bath condo (as per floor plan total 843 sq ft = 761 sq ft/unit + 82 sq ft/balcony) at a prime location, University/Adelaide. INCLUDED OWNED PARKING and OWNED LOCKER. Locker and parking are near each other and both right beside the elevator lobby. 24/7 concierge. COMPARE: At This Price, Builders Today Offer Only a 1-Bedroom. Here: 2 Bed, 2 Bath, OWNED PARKING, OWNED LOCKER. SELLER WILL CONSIDER SUITABLE TERMS, OFFERS, AND OTHER INCENTIVES FOR SERIOUS BUYERS. WELL-POSITIONED VALUE IN TORONTO'S DOWNTOWN CORE WITH FLEXIBLE CLOSING. Sought-after split-bedroom layout: primary bedroom with ensuite full washroom and walk-in closet; 2nd bedroom with large closet and ensuite full washroom. See the posted floor plan and explore the online 3D unit tour. Entryway separates the living space from the front door. Quiet side street exposure. Easy stair access and no long elevator waits. Recessed balcony with a solid concrete base - added privacy and peace of mind for families, plus practical space for seating or storage and year-round shelter from sun, wind, rain, and snow. Rabba groceries downstairs, open 24/7. Steps from the Shangri-La Hotel, where you can enjoy live music in the lobby by the fireplace. Residents enjoy exclusive rooftop and ground-floor amenities: two gyms, yoga studio, steam room, jacuzzi, rooftop party room with fireplace and billiards, movie theatre, outdoor plunge pool, cabanas, BBQs, tanning deck, guest suites, and visitor parking. Walk Score 100 in the heart of the Financial and Entertainment districts. PATH, St. Andrew, and Osgoode stations about 5 minutes away; Union Station under a 20-minute walk. Close to hospitals, University of Toronto, Roy Thomson Hall, City Hall skating, theatres, restaurants, the lakefront, aquarium, and Rogers Centre. SEE THE POSTED FLOOR PLAN AND EXPLORE THE ONLINE 3D UNIT TOUR.
MississaugaInvestor.ca
607- 126 Simcoe Street
Condo Apartment · 2bd/2ba · ~750 sqft
$662,500
Cash-Flow Report · July 31, 2026
Cap Rate
0.85%
Monthly Cash Flow
-$2,580/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-21.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$3,049 |
| Property Tax | −$525 |
| Insurance | −$225 |
| Condo Fee | −$776 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,580/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,294 |
| Insurance | −$2,700 |
| Condo Fee | −$9,312 |
| Annual NOI | $5,634 |
| Cap Rate | 0.85% |
Cash Required to Close
| Down Payment (20%) | $132,500 |
| Ontario Land Transfer Tax | $9,725 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $145,225 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.