
1609- 4955 Yonge Street, Toronto C14
Toronto C14
$649,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ALL-STARS REALTY INC.
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
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Calling All Investors & Homebuyers - An Exceptional Opportunity Awaits! Secure a nearly new luxury condo in the highly sought-after Yonge & Sheppard neighbourhood-where premium location, low carrying costs, and exceptional long-term value come together. Whether you're looking for a place to call home or a smart investment, this residence offers lasting appeal supported by convenient access to the subway, strong rental demand, and a modern building less than two years old. A Smart Investment Featuring: 1) Prime Yonge & Sheppard location 2) Low maintenance fees of only $492/month (includes heat & water) 3) Tenant-favoured building with only hydro extra 4) Nearly 650 sq. ft. of thoughtfully designed living space 5) Parking & locker included. This bright 1+1 bedroom, 2-bathroom suite features 9-foot ceilings, floor-to-ceiling windows, panoramic city views, and a contemporary kitchen with quartz countertops and stainless steel appliances. Enjoy hotel-inspired amenities including an indoor pool, whirlpool, sauna, fitness centre, party room, theatre, guest suite, and 24-hour concierge. Located just steps from Yonge-Sheppard Subway Station, with quick access to Highways 401 & 404, North York Centre, shopping, restaurants, parks, and everyday conveniences, this home is equally suited for investors seeking strong rental appeal and homeowners looking for a vibrant, transit-connected lifestyle with enduring value.
MississaugaInvestor.ca
1609- 4955 Yonge Street
Condo Apartment · 2bd/2ba · ~650 sqft
$649,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.41%
Monthly Cash Flow
-$2,223/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-18.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$2,987 |
| Property Tax | −$514 |
| Insurance | −$225 |
| Condo Fee | −$492 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,223/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,166 |
| Insurance | −$2,700 |
| Condo Fee | −$5,904 |
| Annual NOI | $9,170 |
| Cap Rate | 1.41% |
Cash Required to Close
| Down Payment (20%) | $129,800 |
| Ontario Land Transfer Tax | $9,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $142,255 |
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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