1405- 62 Wellesley Street, Toronto C01
Toronto C01
$999,900
Cash flow, cap rate & mortgage breakdown
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Listed by UNION CAPITAL REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
What a magnificent opportunity to own at the prestigious Queens Park Place Condominiums. This exceptional 2-bedroom plus den suite offers an expansive layout designed for comfortable upscale living. Generously sized principal rooms provide outstanding flexibility to customize the space to suit your lifestyle, while the functional floor plan offers endless possibilities. The spacious solarium serves as the perfect retreat, where you can relax and enjoy beautiful city views. Residents enjoy an impressive selection of building amenities, including an indoor pool, fitness centre, sauna, 24-hour concierge, and beautifully landscaped rooftop gardens. Ideally located with outstanding nearby conveniences, this is a rare opportunity to own a spacious suite in one of the area's most desirable condominium communities. A must-see! *Photos have been virtually staged*
MississaugaInvestor.ca
1405- 62 Wellesley Street
Condo Apartment · 3bd/2ba · ~1,500 sqft
$999,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.08%
Monthly Cash Flow
-$4,533/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-24.79%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$4,602 |
| Property Tax | −$792 |
| Insurance | −$225 |
| Condo Fee | −$1,574 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$4,533/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$9,499 |
| Insurance | −$2,700 |
| Condo Fee | −$18,888 |
| Annual NOI | $833 |
| Cap Rate | 0.08% |
Cash Required to Close
| Down Payment (20%) | $199,980 |
| Ontario Land Transfer Tax | $16,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,453 |
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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