603- 399 Adelaide Street, Toronto C01
Toronto C01
$569,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by TRADEWORLD REALTY INC
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Stunning 1 Br Loft Unit With 10-Foot Exposed Concrete Ceilings In Trendy King West Entertainment District. Spacious And Functional Layout, Open Concept. 680 Sq. Ft. Living Area + 90 Sq. Ft. Of Balcony. Newly Painted, New Light Fixtures, Pot Lights, Engineered Wood Flooring Thru-Out, Floor To Ceiling Glass Windows. New Kitchen Granite Countertops, New Granite Backsplash, New Kitchen Faucet & Sink, New Bathroom Vanity & Granite Countertops. 24/7 Concierge, Fully Equipped Gym, Party Lounge and Landscaped Court Yard. Steps To TTC, Shops, Restaurants, Bars And Financial District.
MississaugaInvestor.ca
603- 399 Adelaide Street
Condo Apartment · 1bd/1ba · ~650 sqft
$569,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.7%
Monthly Cash Flow
-$2,287/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-22.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$2,619 |
| Property Tax | −$451 |
| Insurance | −$225 |
| Condo Fee | −$607 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$2,287/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$5,406 |
| Insurance | −$2,700 |
| Condo Fee | −$7,284 |
| Annual NOI | $3,990 |
| Cap Rate | 0.7% |
Cash Required to Close
| Down Payment (20%) | $113,800 |
| Ontario Land Transfer Tax | $7,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,655 |
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.