2402- 18 Maitland Terrace, Toronto C08
Toronto C08
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE LANDMARK REALTY INC.
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
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this luxurious and meticulously designed one-bedroom plus den unit at Teahouse, which can serve as a second bedroom, located in a highly sought-after newer building at 18 Maitland St. Situated on the 24th floor, this bright west-facing unit offers spectacular sunset views through floor-to-ceiling windows and features soaring 9-foot ceilings, creating a spacious and airy atmosphere. The living room provides unobstructed east views and opens up to a large balcony. This suite boasts a modern open-concept layout and a sleek kitchen equipped with granite countertops and high-end built-in appliances. Exceptional building amenities include an outdoor pool, indoor spa, fitness center, yoga room, party room, lounges with a BBQ area, and a home theatre room. With its prime location, enjoy seamless transit options with the North/South Subway line, East/West Streetcar, and the underground PATH steps away. Indulge in luxury shopping in Bloor-Yorkville. Explore the lively Eaton Centre, University of Toronto, Ryerson University, Toronto General Hospital, Shops, Restaurants, Grocery Stores, Banks and More! Don't miss this incredible opportunity.
MississaugaInvestor.ca
2402- 18 Maitland Terrace
Condo Apartment · 2bd/1ba · ~250 sqft
$399,000
Cash-Flow Report · August 3, 2026
Cap Rate
2.46%
Monthly Cash Flow
-$1,020/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-14.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,837 |
| Property Tax | −$316 |
| Insurance | −$225 |
| Condo Fee | −$399 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,020/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$3,791 |
| Insurance | −$2,700 |
| Condo Fee | −$4,788 |
| Annual NOI | $9,811 |
| Cap Rate | 2.46% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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