
511- 3840 Bathurst Street, Toronto C06
Toronto C06
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
17
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Rarely available, this beautifully updated & impeccably maintained condo offers a truly one-of-a-kind layout, thoughtfully customized by the builder to maximize space, natural light, & effortless living. Designed as one of the building's most unique suites, this exceptional floor plan creates an expansive open-concept living & dining experience unlike any other - you will not find another suite like it in the building. The foyer opens into the impressive combined living & dining area, where hardwood floors, crown moulding, & floor-to-ceiling windows create a bright & inviting atmosphere. The distinctive layout allows for generous entertaining space while maintaining a warm & comfortable feel. A walk-out to the private balcony provides the perfect place to enjoy your morning coffee or unwind at the end of the day. The updated kitchen is both functional & stylish, featuring stainless steel appliances, granite countertops, breakfast bar, pantry, cabinetry & ample storage - perfectly positioned to complement the open-concept design. The generous primary bedroom is complete w/ a double closet featuring built-in organizers, a large window w/custom window coverings, & plenty of space for additional furnishings. The 4-piece bathroom showcases a custom vanity, tiled tub surround, & contemporary finishes. The suite is further enhanced by convenient in-suite laundry, an oversized front hall closet, & integrated storage throughout. Included are 1 owned parking space and the rare advantage of 2 owned lockers. Amenities include 24-hour concierge & security, visitor parking, fitness centre, sauna, party/meeting rm, & billiards lounge. Ideally located close to restaurants, parks, transit, & everyday amenities, this condo combines exceptional space, convenience, & value in a well-managed building. With a truly unique builder-customized layout, abundant natural light, thoughtful updates throughout & an unmatched sense of space, this is a rare opportunity you won't want to miss.
MississaugaInvestor.ca
511- 3840 Bathurst Street
Condo Apartment · 1bd/1ba · ~650 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.45%
Monthly Cash Flow
-$2,109/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-23.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$759 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$2,109/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$9,108 |
| Annual NOI | $2,261 |
| Cap Rate | 0.45% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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