711- 215 Fort York Boulevard, Toronto C01
Toronto C01
$445,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 711 at Neptune Condos, a lovingly maintained 1 bed, 1 bath suite in a fantastic location near the waterfront. The kitchen features stainless steel appliances and a centre island that seamlessly connects to the open-concept living space, with a walkout to the balcony. The spacious primary bedroom offers a large window and double closet, and is conveniently serviced by the 4-piece bath. Enjoy excellent amenities, including a fitness centre, rooftop terrace, indoor pool and concierge. Surrounded by green space at nearby Coronation Park and just steps from Lake Ontario, this suite offers an ideal balance of city living and outdoor enjoyment. With the streetcar just steps from the front door, and access Martin Goodman Trail, getting around the city is easy and convenient.
MississaugaInvestor.ca
711- 215 Fort York Boulevard
Condo Apartment · 1bd/1ba · ~250 sqft
$445,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.27%
Monthly Cash Flow
-$1,577/mo
Estimated Rent
$1,550/mo
Cash-on-Cash
-19.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,550 |
| Mortgage | −$2,048 |
| Property Tax | −$352 |
| Insurance | −$225 |
| Condo Fee | −$424 |
| Vacancy (5%) | −$78 |
| Cash Flow | -$1,577/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,600 |
| Vacancy (5%) | −$930 |
| Property Tax | −$4,228 |
| Insurance | −$2,700 |
| Condo Fee | −$5,088 |
| Annual NOI | $5,654 |
| Cap Rate | 1.27% |
Cash Required to Close
| Down Payment (20%) | $89,000 |
| Ontario Land Transfer Tax | $5,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $97,375 |
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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