
306- 5785 Yonge Street, Toronto C14
Toronto C14
$599,900
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Luxuriously renovated, bright, spacious condo in the heart of North York's prime neighborhood. Ideal for a family moving up or downsizing, offering more real square footage than a new-build, without a marked-up pricing. Highlights: Unit has been renovated from the studs out over the years - wood laminate flooring throughout. Kitchen & Pantry (upgraded with s/s appliances, luxury backsplash, new high-gloss wooden cabinet, renewed floor tile, cabinet for mini-bar setup, and an attached pantry room for extra storage). New zebra blinds. A Reimagined Balcony, painted, accessorized and turfed to transform into a cozy patio overlooking the entire complex. Ensuite laundry with warranty. Oversized Bedrooms & Den (Primary bedroom with ensuite and his-and-hers walk-in closet. The roomy den works as a home office or small business setup, next to a comfortable guest bedroom). Two Full Bathrooms rebuilt with new fixtures, wall & floor tiles, quartz countertops, cabinet doors (Guest bath with a glass standing shower conversion; primary ensuite with a new soaker tub). Well-Managed Building (athletuc standard pool, gym, sauna, billiard room, party room - with recent capital investment in revamped features). Location: Steps away from Finch Terminal, enabling car-free commute via Line 1 Subway, GO Bus, TTC and YORK Transit. Centrepoint of many school routes. Surrounded by the bustling food hub, yet offers quiet escape inside the spacious complex. Walking distance daily convenience and the Mel Lastman celebration square.
MississaugaInvestor.ca
306- 5785 Yonge Street
Condo Apartment · 3bd/2ba · ~1,100 sqft
$599,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.04%
Monthly Cash Flow
-$2,241/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-20.46%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,761 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$1,012 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,241/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,699 |
| Insurance | −$2,700 |
| Condo Fee | −$12,144 |
| Annual NOI | $6,247 |
| Cap Rate | 1.04% |
Cash Required to Close
| Down Payment (20%) | $119,980 |
| Ontario Land Transfer Tax | $8,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,453 |
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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