1120- 28 Sommerset Way, Toronto C14
Toronto C14
$899,000
Cash flow, cap rate & mortgage breakdown
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Listed by POWERLAND REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
3
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,000/mo
Estimated from market price-to-rent ratios
Remarks
Unblocked South View, Facing Quiet Park, Prestigious North York Townhouse! Mins walk to Best School Area: Mckee Ps, Earl Haig Ss and Claude Watson School for the Arts!! Newer Stainless Steel Appliances & Washer/Dryer. Laminate Floor Thru-Out, Enjoy All Day Sunshine In Spacious Huge Bright Bedrooms!! Skylight Over The Stairs, Bring nature light flooding the Place! Gourmet Open Concept Kitchen, Lovely Balcony Faces To Park, Main& 2nd Floor Elevators To Underground Parking and Ground Path, 24 Hrs Gatehouse Security, Steps To 2 Subway Stations, Large Library/Comm Centre, 24Hrs Metro, Soon- opened T&T Supermarket, Famous Shops, Restaurants, etc. Mins Drive to Hwy 401, Must see!!!
MississaugaInvestor.ca
1120- 28 Sommerset Way
Condo Townhouse · 4bd/3ba · ~1,500 sqft
$899,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.49%
Monthly Cash Flow
-$3,023/mo
Estimated Rent
$3,000/mo
Cash-on-Cash
-18.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,000 |
| Mortgage | −$4,138 |
| Property Tax | −$712 |
| Insurance | −$225 |
| Condo Fee | −$798 |
| Vacancy (5%) | −$150 |
| Cash Flow | -$3,023/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$36,000 |
| Vacancy (5%) | −$1,800 |
| Property Tax | −$8,541 |
| Insurance | −$2,700 |
| Condo Fee | −$9,576 |
| Annual NOI | $13,383 |
| Cap Rate | 1.49% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
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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