
678- 209 Fort York Boulevard, Toronto C01
Toronto C01
$799,990
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX METROPOLIS REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
12
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,250/mo
Estimated from market price-to-rent ratios
Remarks
Large 2 Bedroom 2 Bathroom Suite With One Parking Space + One Locker Included. Located At Bathurst St. And Lake Shore Blvd W In The Fort York Neighbourhood. This Condo Offers A Spacious Floor Plan With An Open Concept Kitchen + Living Room/Dining Room Area, One Primary Suite With 2 Separate Closets + A Large 5-Piece Ensuite W/ Double Sinks, Upgraded Laminate Floors, A South-East Facing Balcony, Floor To Ceiling Windows, Stainless Steel Oven/Stove, Dishwasher + Fridge, And More. Owned Parking And Locker Are Both Conveniently Located Next To The Elevator On P3 At 209 Fort York. Ideal downtown location with streetcar at doorstep and directly across the street from the lake. Steps away from TTC, Parks, The Beltway, Stackt Market, Loblaws On Lake Shore, Liberty Village, Exhibition Place, The Lake, Billy Bishop Airport, And More! Walking distance to: financial district, Rogers Centre, Scotiabank Arena, Liberty Village, King West, and the new upcoming Ontario line subway station at Bathurst/King. 91 walk score, 91 transit score, and 98 bike score. Condo amenities include: 24hr concierge, Indoor Pool, gym, yoga room, sauna, party room, guest suites, Bbq Area, and bike storage. Short-Term Rentals / Airbnb Permitted At This Condo Building.
MississaugaInvestor.ca
678- 209 Fort York Boulevard
Condo Apartment · 2bd/2ba · ~950 sqft
$799,990
Cash-Flow Report · August 2, 2026
Cap Rate
0.52%
Monthly Cash Flow
-$3,337/mo
Estimated Rent
$2,250/mo
Cash-on-Cash
-22.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,250 |
| Mortgage | −$3,682 |
| Property Tax | −$633 |
| Insurance | −$225 |
| Condo Fee | −$934 |
| Vacancy (5%) | −$113 |
| Cash Flow | -$3,337/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,000 |
| Vacancy (5%) | −$1,350 |
| Property Tax | −$7,600 |
| Insurance | −$2,700 |
| Condo Fee | −$11,208 |
| Annual NOI | $4,142 |
| Cap Rate | 0.52% |
Cash Required to Close
| Down Payment (20%) | $159,998 |
| Ontario Land Transfer Tax | $12,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,473 |
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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