308- 40 Sunny Glenway, Toronto C11
Toronto C11
$550,000
Cash flow, cap rate & mortgage breakdown
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Listed by INTERNATIONAL REALTY FIRM, INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this spacious and well-maintained 4-bedroom, 2-bathroom home in the highly desirable Don Mills & Eglinton community. Offering a generous layout, this home is perfect for growing families, professionals, or investors seeking comfort and convenience in a prime Toronto location. Maintenance fees include all utilities, providing exceptional value and worry-free living. The property also comes with one owned parking space for added convenience. Ideally situated close to excellent schools, grocery stores, parks, shopping, and public transit, with easy access to the Eglinton LRT station and major roadways, making commuting throughout the city simple and convenient.
MississaugaInvestor.ca
308- 40 Sunny Glenway
Condo Townhouse · 4bd/2ba · ~1,500 sqft
$550,000
Cash-Flow Report · July 31, 2026
Cap Rate
2%
Monthly Cash Flow
-$1,615/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-16.09%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$2,532 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$940 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$1,615/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$5,225 |
| Insurance | −$2,700 |
| Condo Fee | −$11,280 |
| Annual NOI | $11,005 |
| Cap Rate | 2% |
Cash Required to Close
| Down Payment (20%) | $110,000 |
| Ontario Land Transfer Tax | $7,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,475 |
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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