
2001- 71 Simcoe Street, Toronto C01
Toronto C01
$749,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE TERREQUITY SW REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Symphony Place - an exceptional opportunity in the heart of Toronto's Theatre District. Reintroduced at a compelling new price, this elegant south and west-facing corner suite delivers outstanding value for a residence of this scale and pedigree. Spanning approximately 1,230 sq ft, this sun-drenched home captures iconic city views over the Entertainment District, with direct sightlines overlooking Roy Thomson Hall, creating a truly dramatic urban backdrop. The living, dining, and glass-enclosed solarium spaces are seamlessly connected and finished with herringbone hardwood floors, high baseboards, and elegant cornice moulding, offering warmth and architectural character. The solarium-accessible from both the living room and primary bedroom-is ideal as a home office, reading lounge, or formal sitting area. The kitchen is self-contained with a passthrough to the dining area, supporting effortless entertaining, while the windowed dining space is accented by a ceiling medallion and decorative light fixture. A stacked washer and dryer are conveniently located just off the kitchen. The primary bedroom serves as a serene retreat, featuring new broadloom, a walk-in closet, and direct access to a spacious 5-piece ensuite complete with a jacuzzi tub, separate shower, and double vanity. A well-positioned 3-piece guest washroom adds comfort and functionality. Steps to the Theatre District, fine dining, transit, the PATH, and premier downtown amenities, this is refined urban living in one of Toronto's most dynamic cultural corridors.
MississaugaInvestor.ca
2001- 71 Simcoe Street
Condo Apartment · 2bd/2ba · ~1,300 sqft
$749,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.35%
Monthly Cash Flow
-$3,664/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-26.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$3,448 |
| Property Tax | −$593 |
| Insurance | −$225 |
| Condo Fee | −$1,488 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$3,664/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$7,116 |
| Insurance | −$2,700 |
| Condo Fee | −$17,856 |
| Annual NOI | $-2,592 |
| Cap Rate | -0.35% |
Cash Required to Close
| Down Payment (20%) | $149,800 |
| Ontario Land Transfer Tax | $11,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $164,255 |
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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