
PH2- 28 Linden Street, Toronto C08
Toronto C08
$699,000
Cash flow, cap rate & mortgage breakdown
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Listed by EXP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
2
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
Perched on the top floor, this sun-filled two-bedroom, two-bathroom penthouse combines a highly functional layout with sweeping eastern views and a striking northern outlook over the treetops of Rosedale and the ravine. With no neighbours above, the suite feels quiet, private and distinctly removed from the city below. Inside, 10 foot high ceilings and generous windows bring natural light throughout the day. The open living and dining areas flow into a well-proportioned kitchen, creating an easy space for everyday living and entertaining. The primary bedroom features its own ensuite, while the second bedroom and full bathroom provide flexibility for guests, a home office or both. A private balcony extends the living space outdoors, perfect for morning coffee, an evening drink or taking in the skyline and treetop views after dark. Set within a modern, well-maintained building just south of Bloor, the location is exceptionally connected. Sherbourne Station is moments away, while Yorkville, Rosedale, Cabbagetown and the Village are all within walking distance, each offering its own mix of restaurants, shops, architecture, nightlife and green space. Downtown convenience with a quieter residential feel once you are home. For more details please click on our virtual tour. Some photographs have been virtually staged.
MississaugaInvestor.ca
PH2- 28 Linden Street
Condo Apartment · 2bd/2ba · ~850 sqft
$699,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.65%
Monthly Cash Flow
-$2,841/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-22.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$3,217 |
| Property Tax | −$553 |
| Insurance | −$225 |
| Condo Fee | −$888 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$2,841/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,641 |
| Insurance | −$2,700 |
| Condo Fee | −$10,656 |
| Annual NOI | $4,513 |
| Cap Rate | 0.65% |
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
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