
220- 231 Fort York Boulevard, Toronto C01
Toronto C01
$575,000
Cash flow, cap rate & mortgage breakdown
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Listed by Elyzium Realty Inc.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 220 at 231 Fort York Boulevard, a bright and beautifully designed 1 bedroom + den, 1 bathroom condo offering exceptional versatility in one of Toronto's most sought-after downtown neighbourhoods. Filled with natural light, this thoughtfully laid-out suite features an open-concept living and dining area that creates a warm and inviting space for everyday living and entertaining. The spacious den includes a large walk-in closet, making it an ideal home office, nursery, guest room, or flexible space that can easily adapt to your lifestyle. The generously sized primary bedroom provides a comfortable retreat, while the included parking space and locker add valuable convenience and storage. Residents enjoy an impressive selection of building amenities, including a 24-hour concierge, fitness centre, indoor pool, party room, visitor parking, and beautifully maintained outdoor spaces. Perfectly situated in the heart of Fort York, you're just steps to Liberty Village, The Well, the Toronto waterfront, Coronation Park, and the Martin Goodman Trail. Enjoy walking distance to the Rogers Centre, CN Tower, Stackt Market, cafés, restaurants, grocery stores, and public transit, with quick access to the Gardiner Expressway for effortless commuting. Whether you're a first-time buyer, investor, or downsizer, this is downtown Toronto living at its finest.
MississaugaInvestor.ca
220- 231 Fort York Boulevard
Condo Apartment · 2bd/1ba · ~650 sqft
$575,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.06%
Monthly Cash Flow
-$2,140/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-20.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,647 |
| Property Tax | −$455 |
| Insurance | −$225 |
| Condo Fee | −$713 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,140/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,463 |
| Insurance | −$2,700 |
| Condo Fee | −$8,556 |
| Annual NOI | $6,081 |
| Cap Rate | 1.06% |
Cash Required to Close
| Down Payment (20%) | $115,000 |
| Ontario Land Transfer Tax | $7,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $125,975 |
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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