706- 7 Lorraine Drive, Toronto C07
Toronto C07
$599,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX WEST REALTY INC.
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
Act Now, Spacious Split Style Condo In Demand Location. Open Concept Living And Dining With Laminate Flooring, Modern Kitchen With S/S Appliances. Den Easily Accommodates A Home Office, Large Master With Closet And A 4 Piece Ensuite. Second Bedroom With Laminate Flooring And Additional Closet Space. Close To All Amenities Including Shopping And Schools, Subway At The Door, Building Has Hotel Like Amenities, Must See Upgraded Unit, Won't Last!
MississaugaInvestor.ca
706- 7 Lorraine Drive
Condo Apartment · 3bd/2ba · ~850 sqft
$599,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.61%
Monthly Cash Flow
-$1,959/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-17.88%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,761 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$730 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,959/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,699 |
| Insurance | −$2,700 |
| Condo Fee | −$8,760 |
| Annual NOI | $9,631 |
| Cap Rate | 1.61% |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.