409- 29 Canniff Street, Toronto C01
Toronto C01
$539,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
1
Bathrooms
1
Days on Market
17
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Whether you're a first-time buyer, savvy investor, downsizer, or searching for the perfect pied-à-terre, this beautifully renovated one-bedroom townhome checks all the boxes. Thoughtfully redesigned and renovated from top to bottom in 2022 with premium finishes and quality craftsmanship, and professionally painted in July 2026, this turnkey home offers the perfect blend of style, comfort, and convenience. The bright, open-concept interior features luxury vinyl flooring throughout, a sleek kitchen with stainless steel appliances, and a spa-inspired bathroom complete with heated floors and a steam shower. Outside, your private terrace is surrounded by mature greenery, creating a peaceful retreat for morning coffee, outdoor dining, or unwinding with a glass of wine. Enjoy the privacy and charm of townhome living with the ease of condominium ownership in a family and pet friendly, townhome community. Perfectly positioned just minutes from the King streetcar and the Gardiner Expressway, you'll love being within walking distance of Liberty Village, Trinity Bellwoods Park, the Martin Goodman Trail, Lake Ontario, and some of the city's best cafés, restaurants, boutiques, and everyday amenities.
MississaugaInvestor.ca
409- 29 Canniff Street
Condo Townhouse · 1bd/1ba · ~550 sqft
$539,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.9%
Monthly Cash Flow
-$2,076/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-21.1%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,481 |
| Property Tax | −$427 |
| Insurance | −$225 |
| Condo Fee | −$510 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$2,076/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$5,121 |
| Insurance | −$2,700 |
| Condo Fee | −$6,120 |
| Annual NOI | $4,869 |
| Cap Rate | 0.9% |
Cash Required to Close
| Down Payment (20%) | $107,800 |
| Ontario Land Transfer Tax | $7,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,055 |
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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