305- 477 Richmond Street, Toronto C01
Toronto C01
$449,000
Cash flow, cap rate & mortgage breakdown
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Listed by IRISE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,550/mo
Estimated from market price-to-rent ratios
Remarks
Don't miss this beautiful downtown loft in the heart of one of the city's most vibrant neighbourhoods! Perfectly positioned at Richmond & Brant, you're just steps from King and Queen West, connected to all transit, walking distance to the financial district, endless restaurants, cafés, bars, grocery stores, fitness studios, shopping, and entertainment right outside your door.This stylish 1-bedroom loft features an open-concept layout with soaring 11-foot ceilings, dramatic floor-to-ceiling windows, sleek stone countertops, and an effortlessly modern urban aesthetic. Bright, spacious, and full of character, it's the perfect place to call home while enjoying the best of downtown living.As an added bonus, the building is zoned for both residential and commercial use, offering exceptional flexibility for those looking to work from home, operate a boutique business, or create a unique live/work space. A rare opportunity to enjoy an incredible lifestyle today with endless possibilities for tomorrow.
MississaugaInvestor.ca
305- 477 Richmond Street
Condo Apartment · 1bd/1ba · ~650 sqft
$449,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.02%
Monthly Cash Flow
-$1,686/mo
Estimated Rent
$1,550/mo
Cash-on-Cash
-20.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,550 |
| Mortgage | −$2,067 |
| Property Tax | −$356 |
| Insurance | −$225 |
| Condo Fee | −$510 |
| Vacancy (5%) | −$78 |
| Cash Flow | -$1,686/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,600 |
| Vacancy (5%) | −$930 |
| Property Tax | −$4,266 |
| Insurance | −$2,700 |
| Condo Fee | −$6,120 |
| Annual NOI | $4,584 |
| Cap Rate | 1.02% |
Cash Required to Close
| Down Payment (20%) | $89,800 |
| Ontario Land Transfer Tax | $5,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,255 |
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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