
423- 500 Wilson Avenue, Toronto C06
Toronto C06
$469,900
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
PRICED TO SELL! Almost $150,000 below purchase price. Modern 2 Bed, 2 Bath Condo located just steps away from Wilson Subway Station., South Facing Unit with Large Balcony (90 Sq ft) at Nordic Condos In Clanton Park. Thoughtfully Designed Unit with many upgrades which include Premium Vinyl Flooring (Waterproof) through out, Blinds/Shades in both bedrooms, Ceiling electrical outlets in Living Room & both bedrooms which provides excellent lighting. Freshly painted and spotless as good as new. Locker owned. Condo amenities include 24 hr Security/Concierge, Fitness Centre/Gym, Billiards room, Party room, Kids Play room, Pet wash station. Year round Heating/Cooling (No Shoulder/Changeover period). Excellent location close to Hwy 401, Subway Stn., Yorkdale Mall, Shopping Plaza that includes Costco, Home Depot and much more. Pictures are from Virtual Staging.
MississaugaInvestor.ca
423- 500 Wilson Avenue
Condo Apartment · 2bd/2ba · ~550 sqft
$469,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.77%
Monthly Cash Flow
-$1,469/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-17.14%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,163 |
| Property Tax | −$372 |
| Insurance | −$225 |
| Condo Fee | −$514 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$1,469/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$4,464 |
| Insurance | −$2,700 |
| Condo Fee | −$6,168 |
| Annual NOI | $8,328 |
| Cap Rate | 1.77% |
Cash Required to Close
| Down Payment (20%) | $93,980 |
| Ontario Land Transfer Tax | $5,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $102,853 |
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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