710- 38 Widmer Street, Toronto C01
Toronto C01
$598,000
Cash flow, cap rate & mortgage breakdown
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Listed by FIRST CLASS 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
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Exceptional 1-Bed + Den at Central Condos, where modern luxury meets unbeatable convenience! Unit 710 offers a sleek and sophisticated living space in the heart of Toronto vibrant Entertainment District. Prime Location Steps from King West, Queen West, and the Financial District, with easy access to transit, dining, shopping, and entertainment. Features B/I Miele Appliances, Built-In Closet Organizers And Heated Fully Decked Balcony. High-Tech Living Enjoy 100% WiFi connectivity, EV parking, and state-of-the-art conference rooms, perfect for professionals and tech-savvy residents. Luxury Amenities Indulge in indoor & outdoor pools, a fitness center, a work lounge, bikes storage room. Modern Design Thoughtfully designed interiors with high-end finishes, spacious layouts, and stunning city views.
MississaugaInvestor.ca
710- 38 Widmer Street
Condo Apartment · 2bd/1ba · ~650 sqft
$598,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.54%
Monthly Cash Flow
-$1,986/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-18.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,753 |
| Property Tax | −$473 |
| Insurance | −$225 |
| Condo Fee | −$482 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$1,986/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,681 |
| Insurance | −$2,700 |
| Condo Fee | −$5,784 |
| Annual NOI | $9,205 |
| Cap Rate | 1.54% |
Cash Required to Close
| Down Payment (20%) | $119,600 |
| Ontario Land Transfer Tax | $8,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,035 |
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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