
3110- 115 Blue Jays Way, Toronto C01
Toronto C01
$345,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
0
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,300/mo
Estimated from market price-to-rent ratios
Remarks
A smart entry point into downtown Toronto ownership. This fully furnished bachelor unit is ready to move into or lease out immediately - no renovation budget, no furniture shopping, no delay between closing and cash flow. For first-time buyers, it's a low-maintenance way to get a foothold in one of the city's most in-demand rental pockets. For investors, it's a plug-and-play addition to a portfolio, with strong tenant demand driven by proximity to the Financial District, major employers, and both universities.The unit itself is efficient by design - every square foot works, with a layout that avoids wasted space. A standout feature not found in other units in the building: two custom-built closets, added to maximize storage in a way most bachelor layouts simply don't offer. A locker adds even more storage, a rare perk at this price point and one that matters for buyers or tenants without room to spare in-suite. Building amenities cover the essentials tenants and owners actually use: 24-hour concierge, fitness centre with cardio and weight lifting rooms, party room, a huge dining/meeting table, outdoor terrace with BBQs, billiards table and lounge. The location does a lot of the heavy lifting too, with the PATH, transit, Rogers Centre, and the King West/Entertainment District all within a short walk. Whether the plan is to live in it, rent it, or both over time, this is a low-friction way to own in the core - with storage solutions that set it apart from every comparable unit in the building.
MississaugaInvestor.ca
3110- 115 Blue Jays Way
Condo Apartment · 0bd/1ba · ~250 sqft
$345,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.04%
Monthly Cash Flow
-$1,288/mo
Estimated Rent
$1,300/mo
Cash-on-Cash
-20.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,300 |
| Mortgage | −$1,588 |
| Property Tax | −$273 |
| Insurance | −$225 |
| Condo Fee | −$437 |
| Vacancy (5%) | −$65 |
| Cash Flow | -$1,288/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$15,600 |
| Vacancy (5%) | −$780 |
| Property Tax | −$3,278 |
| Insurance | −$2,700 |
| Condo Fee | −$5,244 |
| Annual NOI | $3,598 |
| Cap Rate | 1.04% |
Cash Required to Close
| Down Payment (20%) | $69,000 |
| Ontario Land Transfer Tax | $3,650 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $75,650 |
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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