
213- 12 Rean Drive, Toronto C15
Toronto C15
$808,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/FUTURE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Rarely offered south-facing 2+1-bedroom, 2-bath suite in the heart of Bayview Village. This corner unit features an exceptional wrap-around walk-out terrace-approximately 590 sq ft of private outdoor space overlooking the beautifully maintained courtyard, creating a calm, relaxing atmosphere and making this home a true standout within the building. Inside, the spacious 1,081 sq ft layout (MPAC) offers high 9 ft ceilings, a bright primary bedroom with an ensuite bathroom and walk-in closet, a second well-sized bedroom, another full bathroom, a separate den, an open-concept living and kitchen area with granite counters, and in-suite laundry. The suite has been freshly painted, deep cleaned, and upgraded with modern light fixtures, high-quality faucets, updated bathroom vanities, and a new fridge. An owned parking space and locker are included, with the locker conveniently situated on the same floor. The building provides a full suite of amenities, including party and meeting room, indoor pool, fitness centre, theatre, and ample visitor parking. As well, residents can enjoy indoor access to the adjoining Amica and its various lifestyle programming. Located in a peaceful and welcoming community, this condo is ideally just steps away from public transit, parks, Bayview Village's upscale shops and restaurants, the YMCA, and Highway 401, with daycare options and schools nearby, and is only a ten-minute walk to the local community centre and library.
MississaugaInvestor.ca
213- 12 Rean Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$808,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.89%
Monthly Cash Flow
-$3,118/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-21.11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,719 |
| Property Tax | −$640 |
| Insurance | −$225 |
| Condo Fee | −$1,004 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$3,118/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$7,676 |
| Insurance | −$2,700 |
| Condo Fee | −$12,048 |
| Annual NOI | $7,216 |
| Cap Rate | 0.89% |
Cash Required to Close
| Down Payment (20%) | $161,600 |
| Ontario Land Transfer Tax | $12,635 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $177,235 |
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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