
6- 29 Frances Loring Lane, Toronto E01
Toronto E01
$698,800
Cash flow, cap rate & mortgage breakdown
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Listed by AIMHOME REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
2
Bathrooms
2
Days on Market
53
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,150/mo
Estimated from market price-to-rent ratios
Remarks
Embrace a lifestyle of effortless sophistication in this beautifully appointed townhome, perfectly nestled where the cultural energy of Riverdale meets the artistic charm of Riverside and Leslieville. Crafted for the design-conscious, this carpet-free sanctuary features a fluid open-concept layout bathed in the warm, golden glow of a western exposure, capturing brilliant afternoon light and cinematic sunsets.At the heart of the home, the kitchen invites both creation and connection. Anchored by a sweeping granite island and breakfast bar, it sets an elegant stage for slow morning coffees or intimate evening conversations over wine. Culinary pursuits are grounded by a true gas range, complemented by a newer French-door refrigerator and a brand-new built-in microwave-effortlessly balancing everyday function with refined style.The living space extends seamlessly upwards to your crowning jewel: a spectacular 259-square-foot private rooftop terrace. Complete with a gas BBQ ready for summer soirées, this sky-bound retreat is framed by breathtaking panoramic views of the iconic CN Tower skyline.Beyond your doorstep, the neighborhood unfolds as a natural extension of your home. The lush canopy of Joel Weeks Park sits just outside, while the sweeping vistas of Riverdale Park East are a short stroll away. The vibrant pulse of Queen Street East beckons with its indie cafes, niche boutiques, and celebrated cultural landmarks like the Broadview Hotel.Fusing a boutique urban aesthetic with absolute convenience, this home includes secure underground parking, ultra-fast Beanfield internet (covered in maintenance fees), and premier transit access via streetcars, the DVP, and the future Ontario Line. This is more than a beautiful layout; it is a curated urban oasis designed for a life well-lived.
MississaugaInvestor.ca
6- 29 Frances Loring Lane
Condo Townhouse · 2bd/2ba · ~850 sqft
$698,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.99%
Monthly Cash Flow
-$2,641/mo
Estimated Rent
$2,150/mo
Cash-on-Cash
-20.69%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,150 |
| Mortgage | −$3,216 |
| Property Tax | −$553 |
| Insurance | −$225 |
| Condo Fee | −$689 |
| Vacancy (5%) | −$108 |
| Cash Flow | -$2,641/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$25,800 |
| Vacancy (5%) | −$1,290 |
| Property Tax | −$6,639 |
| Insurance | −$2,700 |
| Condo Fee | −$8,268 |
| Annual NOI | $6,903 |
| Cap Rate | 0.99% |
Cash Required to Close
| Down Payment (20%) | $139,760 |
| Ontario Land Transfer Tax | $10,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $153,211 |
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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