2107- 1 The Esplanade Drive, Toronto C08
Toronto C08
$599,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON 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
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Experience bright, luxurious downtown living at Backstage Condos located at 1 The Esplanade Drive, featuring an open-concept 1-bedroom plus Den layout with 9-foot ceilings, floor-to-ceiling windows, hardwood floors, a modern granite kitchen, and a private balcony with stunning city and lake views. Property Highlights: Layout & Size: Functional 655 sq. ft. floor plan with a custom built-in Murphy Double size bed and working station desk in the versatile den for a home office. Interior Features: Gourmet kitchen with center island, stainless steel appliances, and a primary bedroom with a custom built-in closet. Building Amenities: 24-hour concierge, fitness center, outdoor pool, and rooftop garden. Location Perks: Steps to Union Station, the PATH, St. Lawrence Market, and the Financial District.
MississaugaInvestor.ca
2107- 1 The Esplanade Drive
Condo Apartment · 2bd/1ba · ~650 sqft
$599,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.7%
Monthly Cash Flow
-$2,409/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-22.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,757 |
| Property Tax | −$474 |
| Insurance | −$225 |
| Condo Fee | −$900 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,409/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,691 |
| Insurance | −$2,700 |
| Condo Fee | −$10,800 |
| Annual NOI | $4,179 |
| Cap Rate | 0.7% |
Cash Required to Close
| Down Payment (20%) | $119,800 |
| Ontario Land Transfer Tax | $8,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $131,255 |
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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