612- 840 St Clair Avenue, Toronto C03
Toronto C03
$628,999
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL LEPAGE TERREQUITY REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 840 St Clair West! Nestled in one of Toronto's most vibrant neighbourhoods, you'll be surrounded by popular restaurants, cafés, pubs and local shops waiting to be discovered. This bright 2-bedroom, 2-bathroom suite offers sought-after southern exposure with open city views. Floor-to-ceiling windows fill the home with natural light, while tall ceilings and built-in stainless steel appliances create a bright, modern living space. The thoughtfully designed layout features two full bathrooms, generous closet space, 1 parking space and 1 locker. Residents enjoy excellent amenities including a fitness centre, outdoor terrace and party room. With the TTC at your doorstep, getting anywhere in the city is effortless. You're also just a short walk to Roseneath Park, Wychwood Barns Arts Centre, and everything that makes the St. Clair West neighbourhood such a sought-after place to call home.
MississaugaInvestor.ca
612- 840 St Clair Avenue
Condo Apartment · 2bd/2ba · ~650 sqft
$628,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.04%
Monthly Cash Flow
-$2,352/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-20.47%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$2,895 |
| Property Tax | −$498 |
| Insurance | −$225 |
| Condo Fee | −$729 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,352/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$5,975 |
| Insurance | −$2,700 |
| Condo Fee | −$8,748 |
| Annual NOI | $6,517 |
| Cap Rate | 1.04% |
Cash Required to Close
| Down Payment (20%) | $125,799.8 |
| Ontario Land Transfer Tax | $9,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $137,854.8 |
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.