
1404- 45 Sunrise Avenue, Toronto C13
Toronto C13
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 PERCY FULTON LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Discover the exceptional potential of this spacious 3-bedroom, 2-bathroom corner suite offering over 1,000 sq. ft. of well-designed living space in a highly convenient central location. Featuring a bright and functional layout, this home includes a generous living and dining area, an open balcony, a spacious eat-in kitchen with a breakfast area, ensuite laundry, and a large in-suite storage room. Offered in as-is condition, this unit presents an outstanding opportunity for first-time buyers, renovators, and investors to renovate and customize to their own style while adding significant value. Low maintenance fees include all utilities, providing excellent affordability and convenience. Residents enjoy an impressive selection of recently updated amenities, including separate fitness rooms, a sauna, party room, outdoor swimming pool, tennis court, basketball court, and ample visitor parking. Ideally located just steps to TTC transit, within walking distance to Eglinton Square Shopping Centre and the Eglinton Crosstown LRT, with easy access to downtown Toronto. Close to schools, parks, shopping, restaurants, and all everyday amenities. An exceptional opportunity to transform this spacious suite into your dream home or next investment in an unbeatable location.
MississaugaInvestor.ca
1404- 45 Sunrise Avenue
Condo Apartment · 3bd/2ba · ~1,100 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.21%
Monthly Cash Flow
-$1,103/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-15.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$1,837 |
| Property Tax | −$316 |
| Insurance | −$225 |
| Condo Fee | −$767 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$1,103/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$3,791 |
| Insurance | −$2,700 |
| Condo Fee | −$9,204 |
| Annual NOI | $8,815 |
| Cap Rate | 2.21% |
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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