3304- 761 Bay Street, Toronto C01
Toronto C01
$699,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX IMPERIAL REALTY INC.
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
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Great 1 Plus Den Unit In Bay & College Area With 775 Sqft Of Living Space plus one locker space and one underground parking spot! Sunny East Exposure With Lake Views. Walking Distance To All Amenities, Including Underground Access To Subway, College Park 24Hr Metro, Restaurants, Shops, Ryerson, U Of T, Eaton Centre And Financial District! Floor To Ceiling Windows, Engineered Hardwood & 9 Ft Ceilings Throughout. Spacious Den Can Easily Be Converted To A Second Bedroom With One Powder Room And One Ensuite. Ideal for professionals, students, families and investors.
MississaugaInvestor.ca
3304- 761 Bay Street
Condo Apartment · 2bd/2ba · ~750 sqft
$699,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.93%
Monthly Cash Flow
-$2,674/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-20.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$3,217 |
| Property Tax | −$553 |
| Insurance | −$225 |
| Condo Fee | −$721 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$2,674/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,641 |
| Insurance | −$2,700 |
| Condo Fee | −$8,652 |
| Annual NOI | $6,517 |
| Cap Rate | 0.93% |
Cash Required to Close
| Down Payment (20%) | $139,800 |
| Ontario Land Transfer Tax | $10,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.