532- 50 Power Street, Toronto C08
Toronto C08
$398,800
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
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,500/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to modern city living at its finest in this spectacular 1-bedroom suite at the highly sought-after 'Home on Power' condos, located at 50 Power St. in Toronto's vibrant Corktown neighbourhood. Step inside this impeccably designed unit and be greeted by soaring high ceilings and an abundance of natural light. The thoughtfully crafted, open-concept kitchen features sleek finishes and premium appliances, creating the perfect space for cooking and entertaining. The living area flows seamlessly to the outdoors, where you will find one of the unit's standout features: a magnificent, oversized balcony offering fantastic, unobstructed North-facing views of the city. Developed by the acclaimed Great Gulf and Hullmark, this building provides residents with world-class, resort-style amenities. Enjoy exclusive access to a breathtaking rooftop pool and sun deck, a state-of-the-art fitness centre with a yoga studio, rejuvenating steam rooms, an innovative artist's workspace, and versatile co-working lounges ideal for remote work. Entertain guests in the stylish party lounge, or head outside to the beautifully landscaped terrace complete with BBQ grills and a cozy fireplace. The building also offers a dedicated pet spa, games room, and 24-hour concierge. Situated at the dynamic intersection of Power and Adelaide, you are just steps away from the historic Distillery District, St. Lawrence Market, and Corktown Common. Surrounded by trendy cafes, boutique shops, and acclaimed restaurants, the neighborhood boasts an outstanding Walk Score. With the TTC streetcar right at your doorstep and quick access to the DVP and Gardiner Expressway, commuting across the city is an absolute breeze. Whether you are a young professional, a first-time buyer, or an investor looking for a premium property, this pristine urban retreat has it all. Book your showing today!
MississaugaInvestor.ca
532- 50 Power Street
Condo Apartment · 1bd/1ba · ~250 sqft
$398,800
Cash-Flow Report · August 1, 2026
Cap Rate
1.53%
Monthly Cash Flow
-$1,329/mo
Estimated Rent
$1,500/mo
Cash-on-Cash
-18.29%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,500 |
| Mortgage | −$1,836 |
| Property Tax | −$316 |
| Insurance | −$225 |
| Condo Fee | −$377 |
| Vacancy (5%) | −$75 |
| Cash Flow | -$1,329/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,000 |
| Vacancy (5%) | −$900 |
| Property Tax | −$3,789 |
| Insurance | −$2,700 |
| Condo Fee | −$4,524 |
| Annual NOI | $6,087 |
| Cap Rate | 1.53% |
Cash Required to Close
| Down Payment (20%) | $79,760 |
| Ontario Land Transfer Tax | $4,457 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,217 |
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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