2209- 68 Shuter Street, Toronto C08
Toronto C08
$385,000
Cash flow, cap rate & mortgage breakdown
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Listed by KW Living Realty
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Core Condos by CentreCourt! This bright and spacious 1-bedroom, 1-bathroom high floor gem offers stunning unobstructed city views and a perfectly functional layout. *The unit is VACANT with flexible occupancy*-making this move-in-ready property an incredible opportunity for first-time buyers, young professionals, or savvy investors. *Freshly painted and upgraded with bedroom pot lights. Bedroom has window* Enjoy premium amenities, including a 24-hour concierge, gym, lounge, party room, and guest suites. Unbeatable downtown location-steps from the TTC subway and streetcar, TMU, Eaton Centre, St. Michael's Hospital, grocery stores, cafes, and dining
MississaugaInvestor.ca
2209- 68 Shuter Street
Condo Apartment · 1bd/1ba · ~250 sqft
$385,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.51%
Monthly Cash Flow
-$1,287/mo
Estimated Rent
$1,500/mo
Cash-on-Cash
-18.33%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,500 |
| Mortgage | −$1,772 |
| Property Tax | −$305 |
| Insurance | −$225 |
| Condo Fee | −$410 |
| Vacancy (5%) | −$75 |
| Cash Flow | -$1,287/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,000 |
| Vacancy (5%) | −$900 |
| Property Tax | −$3,658 |
| Insurance | −$2,700 |
| Condo Fee | −$4,920 |
| Annual NOI | $5,822 |
| Cap Rate | 1.51% |
Cash Required to Close
| Down Payment (20%) | $77,000 |
| Ontario Land Transfer Tax | $4,250 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $84,250 |
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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