2204- 205 Wynford Drive, Toronto C11
Toronto C11
$649,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,400/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to The Palisades II! A spectacular, renovated, sunny 2+1 bedroom, 2-bath corner unit. Offers an unobstructed southeast golf view, floor-to-ceiling windows, an open-concept layout, modern eat-in kitchen w/extra built in cabinets, french doors, premium Sakura range hood fan, spacious bedrooms, Walk in Closet, and a sunny Solarium. The gorgeously renovated bathroom features a walk-in glass shower with upgraded mosaic tiles and Quartz top vanity. Tridel-built condominium offers Private luxury living with Resort-like amenities, indoor and outdoor options galore, and 24-hour gatehouse security. Conveniently located steps to the Eglinton LRT, TTC and situated right at the Don Valley Pkwy for easy access downtown and to the 401. You'll be surrounded by shops, restaurants, The Shops at Don Mills including Vip Cineplex, Eataly, Joey, the Aga Khan Museum, and scenic green spaces with walking, running, and biking trails. Maintenance fees include heat, hydro, water, and air conditioning.
MississaugaInvestor.ca
2204- 205 Wynford Drive
Condo Apartment · 3bd/2ba · ~1,500 sqft
$649,900
Cash-Flow Report · August 3, 2026
Cap Rate
0.6%
Monthly Cash Flow
-$2,666/mo
Estimated Rent
$2,400/mo
Cash-on-Cash
-22.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,400 |
| Mortgage | −$2,991 |
| Property Tax | −$515 |
| Insurance | −$225 |
| Condo Fee | −$1,215 |
| Vacancy (5%) | −$120 |
| Cash Flow | -$2,666/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,800 |
| Vacancy (5%) | −$1,440 |
| Property Tax | −$6,174 |
| Insurance | −$2,700 |
| Condo Fee | −$14,580 |
| Annual NOI | $3,906 |
| Cap Rate | 0.6% |
Cash Required to Close
| Down Payment (20%) | $129,980 |
| Ontario Land Transfer Tax | $9,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,453 |
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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