4612- 55 Mercer Street, Toronto C01
Toronto C01
$839,900
Cash flow, cap rate & mortgage breakdown
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Listed by RCIB REAL ESTATE LIMITED.
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
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Brand new luxury living condo in downtown Toronto ** Located In The Heart Of King West **Laminated Floor Through Out The Unit, Floor to ceiling height Windows, 9' Ceiling. Stunning Brand New Condo Unit With 1 Bedroom + 1 Den, 2 Three Piece Washrooms. Modern Kitchen W/ Quartz Countertop And Built In Appliances. 55 Mercer Grand Lobby Furnished By FENDI Features 18,000sq. ft Of Indoor And Outdoor Amenities For Residents To Enjoy, Outdoor Fitness And Basketball Court, BBQ's And Fire Pits, Dog Walking Area. 24 HR Indoor Fitness Centre With Peloton Bikes, Valet Parking, and many more. Located in the Vibrant Entertainment District, steps away from Union Station, the Financial District, and the Waterfront all just a short walk away. B/I Fridge, B/I Oven, B/I Dishwasher, Glass Cooktop, Hood.
MississaugaInvestor.ca
4612- 55 Mercer Street
Condo Apartment · 2bd/2ba · ~650 sqft
$839,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.25%
Monthly Cash Flow
-$2,994/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-19.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$3,866 |
| Property Tax | −$665 |
| Insurance | −$225 |
| Condo Fee (est.) | −$423 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$2,994/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$7,979 |
| Insurance | −$2,700 |
| Condo Fee (est.) | −$5,076 |
| Annual NOI | $10,465 |
| Cap Rate | 1.25% |
Cash Required to Close
| Down Payment (20%) | $167,980 |
| Ontario Land Transfer Tax | $13,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $184,253 |
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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