1611- 1055 Bay Street, Toronto C01
Toronto C01
$519,900
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP-ADMIRAL REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,950/mo
Estimated from market price-to-rent ratios
Remarks
Breath-Taking Sw Exposure O/L Queens Park Circle, Victoria College Campus Of U Of T, & Lake Ontario, Solarium Is 180 Degrees Of Curved Glass Allowing For Lots Of Light & Beautiful Sunsets. Open Concept 1 Bedroom Plus Den Suite Of 770 Sf In Tridel Built Polo I Condo Building. Mainteness Fee Includes All Utilities, Locker & Parking. Well maintained Building and unit. Newly Renovated Exterior Windows and upgraded Ventilation System in the Building in Recent Years. Steps From Ttc Bus Stop And Subway Station, U Of T, Bloor Street And Yorkville. Owned Underground Parking And Locker.
MississaugaInvestor.ca
1611- 1055 Bay Street
Condo Apartment · 2bd/1ba · ~750 sqft
$519,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.89%
Monthly Cash Flow
-$2,007/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-21.15%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,393 |
| Property Tax | −$412 |
| Insurance | −$225 |
| Condo Fee | −$829 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$2,007/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$4,939 |
| Insurance | −$2,700 |
| Condo Fee | −$9,948 |
| Annual NOI | $4,643 |
| Cap Rate | 0.89% |
Cash Required to Close
| Down Payment (20%) | $103,980 |
| Ontario Land Transfer Tax | $6,873 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $113,853 |
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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