
810- 27 McMahon Drive, Toronto C15
Toronto C15
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by SUPERSTARS REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the beautifully appointed Saison condos by Concord Adex in the middle of Toronto! This park-facing luxury one bedroom unit features 9 feet ceilings, laminate floors throughout, upgraded Miele appliances, lazy Susan pull-out storage shelves & trash bin in kitchen, modern colours & materials throughout, built-in closet organizers in bedroom, plenty of storage space, full height Carrara marble tiled bathroom with brand of Kohler and Grohe, super large size (~200sf) heated balcony that you can actually use as an outdoor dining or living space. Unobstructed north views overlooking an approximately 8 acre park with pond in summer and skating rink in winter. Less than 5 mins walk to newly opened community centre with library, swimming pool, sports gym etc., Bessarion subway station. IKEA, Canadian Tire, & more! Only few minutes drive to Fairview Mall, Bayview Village, Oriole GO Train station, North York General hospital, highway 401 and highway 404. Superb building amenities "Mega Club" is right downstairs! Almost all the lifestyle amenities you can think of are accessible to you: party room, guest suites, car wash, pet wash stations, bbq, putting green, tennis court, walking trail, outdoor dining, tea garden, ballroom, lap pool, exercise & yoga rooms, sport gym, piano lounge, & much much more!
MississaugaInvestor.ca
810- 27 McMahon Drive
Condo Apartment · 1bd/1ba · ~550 sqft
$499,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.01%
Monthly Cash Flow
-$1,879/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-20.64%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$529 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$1,879/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$6,348 |
| Annual NOI | $5,021 |
| Cap Rate | 1.01% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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