
902- 1201 Dundas Street, Toronto E01
Toronto E01
$644,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
93
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,100/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 902 at the Flat Iron Lofts, where modern design meets the vibrant charm of Leslieville. This bright 1bedroom plus den, 1-bath corner suite features a smart, open-concept layout ideal for professionals or couples. Floor-to-ceiling, south-facing windows flood the space with natural light throughout the day. Exposed concrete ceilings, wide-plank hardwood floors, and sleek finishes blend industrial character with contemporary style. The modern kitchen offers full-sized stainless steel appliances, stone countertops, and generous storage-perfect for everyday living or entertaining. A standout feature is the expansive private terrace with gas BBQ hookup, offering a seamless extension of the living space. Enjoy city views and stunning downtown sunsets, whether hosting friends or unwinding at the end of the day. Residents also have access to a rooftop terrace with panoramic skyline views. Steps to parks, transit, and Leslieville's best cafés, shops, and restaurants along Queen East and Gerrard. Suite 902 is more than a condo-it's a lifestyle. Be sure to explore the photo gallery, where we've included five suggested layout options to showcase the versatility of the space and inspire your own vision.
MississaugaInvestor.ca
902- 1201 Dundas Street
Condo Apartment · 2bd/1ba · ~650 sqft
$644,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.38%
Monthly Cash Flow
-$2,225/mo
Estimated Rent
$2,100/mo
Cash-on-Cash
-18.89%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,100 |
| Mortgage | −$2,968 |
| Property Tax | −$511 |
| Insurance | −$225 |
| Condo Fee | −$516 |
| Vacancy (5%) | −$105 |
| Cash Flow | -$2,225/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,200 |
| Vacancy (5%) | −$1,260 |
| Property Tax | −$6,127 |
| Insurance | −$2,700 |
| Condo Fee | −$6,192 |
| Annual NOI | $8,921 |
| Cap Rate | 1.38% |
Cash Required to Close
| Down Payment (20%) | $128,980 |
| Ontario Land Transfer Tax | $9,373 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $141,353 |
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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