
1009- 177 Linus Road, Toronto C15
Toronto C15
$429,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/VISION REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Bright, west-facing, 2-bedroom suite, with functional layout, ensuite laundry and large balcony, on 10th floor in North Tower of Tridel-built Crestview Place; primary bedroom has extra-wide closet, and kitchen has storage room/pantry; maintenance fee also includes high-speed Internet; the many on-site amenities include Recreation Centre, attached to building, with indoor salt water pool, exercise room, sauna, squash court, party room, and more; on-site outdoor amenities include BBQ area, tennis courts, fenced-in children's playground, and ample Visitor parking; additional Resident parking, when available, can be rented from Management; building is within TDSB's Crestview Public (JK - 5), Don Valley Middle (6 - 8), George Vanier Secondary(9 - 12) and TCDSB's Divine Mercy Catholic (JK - 8) catchment areas, and not more than three bus stops from Seneca Polytechnic's Finch Ave campus; local shopping includes major supermarket at Finch & Don Mills (Skymark Plaza), and supermarkets at Finch & Leslie and at Peanut Plaza (Don Mills, south of Van Horne); transit options include Finch East bus to Line 1 subway, and Don Mills bus to subway Lines 4, 5 & 2; commuting options include GO station (on Leslie, north of Finch), and Hwy 404 access is within about 1.5 Km from the building; Please Note: this is a no-pet and no-smoking building.
MississaugaInvestor.ca
1009- 177 Linus Road
Condo Apartment · 2bd/1ba · ~850 sqft
$429,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.1%
Monthly Cash Flow
-$1,584/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-20.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,975 |
| Property Tax | −$340 |
| Insurance | −$225 |
| Condo Fee | −$801 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,584/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$4,076 |
| Insurance | −$2,700 |
| Condo Fee | −$9,612 |
| Annual NOI | $4,702 |
| Cap Rate | 1.1% |
Cash Required to Close
| Down Payment (20%) | $85,800 |
| Ontario Land Transfer Tax | $5,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $93,855 |
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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