
622- 25 Greenview Avenue, Toronto C07
Toronto C07
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the highly sought-after Tower Meridian, a prestigious Tridel-built residence in the heart of North York, offering exceptional urban convenience and full-service luxury living. Perfectly situated just steps from Finch Subway Station, GO Transit, Viva/YRT, and surrounded by restaurants, cafes, grocery stores, banks, parks, and top-rated schools, this location delivers the very best of connected city living. This bright and functional 1-bedroom plus den suite offers approximately 640 sq. ft. of thoughtfully designed living space, plus a private balcony. Newly updated with brand-new flooring, professionally refaced kitchen cabinetry, and a fresh coat of paint throughout, the unit is move-in ready with a clean, modern feel. The primary bedroom features a walk-in closet, while the desirable east-facing exposure fills the unit with beautiful morning sunlight. Featuring a well-planned layout that maximizes every square foot, including an enclosed den with french doors that offer exceptional flexibility as a second bedroom, nursery, or private home office. Included with the suite are one underground parking space and a locker, providing added convenience and valuable storage. Residents enjoy an impressive selection of amenities including a grand two-storey lobby, 24-hour concierge, indoor pool, fitness centre, party room, guest suites, and more. Whether you're a first-time buyer, downsizer, or investor, this is an outstanding opportunity to own in one of North York's most established and desirable condominium communities, where location, lifestyle, and long-term value come together.
MississaugaInvestor.ca
622- 25 Greenview Avenue
Condo Apartment · 2bd/1ba · ~650 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.62%
Monthly Cash Flow
-$1,625/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-17.85%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$560 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,625/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$6,720 |
| Annual NOI | $8,069 |
| Cap Rate | 1.62% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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