
903- 263 Wellington Street, Toronto C01
Toronto C01
$559,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE TERREQUITY REALTY
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
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Fantastic Value! Well-maintained, 72-unit boutique building located in the heart of the Entertainment District and steps to the Financial District, Rogers Center, Scotiabank Arena, CN Tower, PATH, Queen/King West, Lakefront, Chinatown, Union Station, Theatres, Shops, Restaurants and more! Nice quiet building with 6 units per floor. Spacious 961 sf (mpac) open-concept layout featuring oversized living room, kitchen with granite counters, ample cabinets and breakfast area, primary bedroom with wall-to-wall windows and double closet with organizers. Separate large den (can easily be used as a second bedroom with a wall-to-wall closet and closet organizers). Hardwood and ceramic floors throughout. Freshly painted in neutral paint. Laundry Closet with full-size stacking washer and dryer. Walkout from living room to a private balcony overlooking Wellington Street. One-car parking in P1 included. All utilities are included in the monthly maintenance fee except cable and property taxes. Amenities include a gym, rooftop terrace, underground parking with visitor parking, party/meeting room, concierge, and on-site superintendent. This is a very well-managed building.
MississaugaInvestor.ca
903- 263 Wellington Street
Condo Apartment · 2bd/1ba · ~950 sqft
$559,000
Cash-Flow Report · August 3, 2026
Cap Rate
0.13%
Monthly Cash Flow
-$2,513/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-24.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,573 |
| Property Tax | −$443 |
| Insurance | −$225 |
| Condo Fee | −$1,172 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,513/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,311 |
| Insurance | −$2,700 |
| Condo Fee | −$14,064 |
| Annual NOI | $725 |
| Cap Rate | 0.13% |
Cash Required to Close
| Down Payment (20%) | $111,800 |
| Ontario Land Transfer Tax | $7,655 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $122,455 |
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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