
615- 77 Maitland Place, Toronto C08
Toronto C08
$599,999
Cash flow, cap rate & mortgage breakdown
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Listed by REAL ESTATE HOMEWARD
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
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 77 Maitland Pl. Suite 615 at the highly sought-after Celebrity Place Condominiums! This beautifully updated 2-bedroom, 1-bathroom suite offers a spacious 895 sq. ft. of thoughtfully designed living space, complemented by a generous private balcony. Bright and inviting, the open-concept living and dining area is filled with natural light through large windows, creating the perfect setting for both everyday living and entertaining.Tastefully updated throughout, this move-in ready home features a modern kitchen with ample cabinetry and workspace, an updated bathroom, full-size in-suite washer and dryer, generous bedrooms with excellent closet space, and plenty of additional storage. The oversized balcony provides the perfect place to enjoy your morning coffee or relax at the end of the day. Parking is available for rent, offering added convenience for those who require a vehicle in the heart of downtown.Nestled within the beautifully maintained, gated Celebrity Place community, residents enjoy exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, squash court, sauna, party room, library, visitor parking, car wash, and beautifully landscaped gardens. Ideally located just steps to Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, hospitals, Yorkville, the Financial District, restaurants, shopping, and parks, this home offers the perfect blend of peaceful living and vibrant downtown convenience. An exceptional opportunity for first-time buyers, professionals, downsizers, or investors.
MississaugaInvestor.ca
615- 77 Maitland Place
Condo Apartment · 2bd/1ba · ~850 sqft
$599,999
Cash-Flow Report · July 31, 2026
Cap Rate
0.7%
Monthly Cash Flow
-$2,415/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-22.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,762 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$900 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,415/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,700 |
| Insurance | −$2,700 |
| Condo Fee | −$10,800 |
| Annual NOI | $4,170 |
| Cap Rate | 0.7% |
Cash Required to Close
| Down Payment (20%) | $119,999.8 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,474.8 |
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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