5403- 8 The Esplanade N/A, Toronto C08
Toronto C08
$558,000
Cash flow, cap rate & mortgage breakdown
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Listed by BAY STREET GROUP INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To The Iconic L-Tower, Ideally Located In The Heart Of Downtown Toronto. This High-Floor 1 Bedroom Plus Large Den Suite Offers Spectacular Lake And City Views, With The Spacious Den Easily Serving As A Second Bedroom Or Home Office. Featuring 9-Foot Ceilings, Floor-To-Ceiling Windows, Hardwood Floors, A Walk-In Closet, And Approximately 637 Sq. Ft. Of Functional Living Space. Enjoy Express High-Speed Elevators, 24-Hour Concierge, Indoor Pool, And Fitness Centre. Just Steps To Union Station, The Financial District, St. Lawrence Market, Scotiabank Arena, The PATH, Subway, Gardiner Expressway, And Toronto's Waterfront. An Exceptional Opportunity To Experience Downtown Living At Its Finest.
MississaugaInvestor.ca
5403- 8 The Esplanade N/A
Condo Apartment · 2bd/1ba · ~650 sqft
$558,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.05%
Monthly Cash Flow
-$2,078/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-20.4%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,568 |
| Property Tax | −$442 |
| Insurance | −$225 |
| Condo Fee | −$743 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,078/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,301 |
| Insurance | −$2,700 |
| Condo Fee | −$8,916 |
| Annual NOI | $5,883 |
| Cap Rate | 1.05% |
Cash Required to Close
| Down Payment (20%) | $111,600 |
| Ontario Land Transfer Tax | $7,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $122,235 |
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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