
2726- 135 Lower Sherbourne Street, Toronto C08
Toronto C08
$698,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YC REALTY
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
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Time and Space by Pemberton, ideally located in Toronto's vibrant Downtown Core. This bright and spacious suite features unobstructed south-facing views with stunning lakeviews, 9-foot ceilings, and laminate flooring throughout. The thoughtfully designed split two-bedroom layout offers separate living and dining areas, providing both comfort and privacy. The practical open-concept kitchen flows seamlessly into the dining space, making it ideal for everyday living and entertaining. The primary bedroom features a large window and a private ensuite bathroom. The second bedroom is a true bedroom with a large window and closet-no interior bedroom. The versatile den can easily be used as a home office, guest room, or additional bedroom. Enjoy the convenience of being just steps from neighbourhood shops, restaurants, and everyday amenities. Take a short walk to the iconic St. Lawrence Market, surrounded by some of Toronto's best cafés, restaurants, and local attractions. Experience the best of downtown living in one of the city's most desirable communities. The unit also includes one parking space, making it an excellent opportunity for first-time home buyers, professionals, or investors.
MississaugaInvestor.ca
2726- 135 Lower Sherbourne Street
Condo Apartment · 3bd/2ba · ~750 sqft
$698,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.68%
Monthly Cash Flow
-$2,236/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-17.53%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$3,213 |
| Property Tax | −$553 |
| Insurance | −$225 |
| Condo Fee | −$572 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$2,236/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$6,631 |
| Insurance | −$2,700 |
| Condo Fee | −$6,864 |
| Annual NOI | $11,735 |
| Cap Rate | 1.68% |
Cash Required to Close
| Down Payment (20%) | $139,600 |
| Ontario Land Transfer Tax | $10,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,035 |
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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