1029- 2885 Bayview Avenue, Toronto C15
Toronto C15
$599,999
Cash flow, cap rate & mortgage breakdown
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Listed by SKYLETTE MARKETING 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
Experience elevated living in the prestigious Bayview Village community. This beautifully 2+1 bedroom, 2 bathroom residence showcases a sought after east facing exposure, offering unobstructed views and an abundance of natural light throughout. Thoughtfully designed for both comfort and functionality, the spacious layout features inviting principal rooms, an open concept living and dining area ideal for everyday living and entertaining, and a versatile den perfectly suited as a home office or study. Freshly painted and move in ready, this exceptional suite includes one underground parking space and one storage locker. Enjoy the convenience of a truly prime location, just steps from Bayview Village Shopping Centre, Bayview Subway Station, TTC transit, parks, restaurants, and an array of everyday amenities. With seamless access to Highway 401, commuting across Toronto and the GTA is effortless. An outstanding opportunity to own a sophisticated residence in one of North York's most desirable and well connected neighbourhoods.
MississaugaInvestor.ca
1029- 2885 Bayview Avenue
Condo Apartment · 3bd/2ba · ~750 sqft
$599,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.79%
Monthly Cash Flow
-$1,866/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-17.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,762 |
| Property Tax | −$475 |
| Insurance | −$225 |
| Condo Fee | −$636 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,866/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,700 |
| Insurance | −$2,700 |
| Condo Fee | −$7,632 |
| Annual NOI | $10,758 |
| Cap Rate | 1.79% |
Cash Required to Close
| Down Payment (20%) | $119,999.8 |
| Ontario Land Transfer Tax | $8,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,474.8 |
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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