
321- 9 Boardwalk Drive, Toronto E02
Toronto E02
$1,999,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS ADVANTAGE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
43
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,500/mo
Estimated from market price-to-rent ratios
Remarks
Rare, Stunning two-bedroom split plan corner unit with captivating city skyline, park, and pond vistas. Bright and beautiful! Large principal rooms with rich hardwood floors, an electric fireplace, and a walk-out to a private balcony with stunning west views. Separate large eat in kitchen with plenty of storage, stone counters and gorgeous west park and city view through the large bright window. Primary bedroom with it's own private terrace and a gorgeous renovated ensuite with luxurious shower. Second bedroom with corner windows makes a fabulous bedroom/office or den with its own ensuite. This unit comes with two parking spots, a locker, two balconies (one with gas BBQ hookup), and plenty of storage. Powder room has been converted to a studio/storage and plumbing is still there to revert. Offering 1,455 sq ft of thoughtfully designed living space, this 2-bedroom, 2-bathroom condo delivers the perfect blend of comfort, style, and urban convenience. A popular choice for beach-loving downsizers, the building offers a connected and social atmosphere where neighbours bond over regular morning coffee dates, movie nights and community events. Residents also enjoy 24-hour concierge service, fitness facilities, visitor parking, party spaces, a guest suite, a library and gorgeous gardens throughout the landscaped courtyard. This is a rare opportunity to enjoy easy, connected living in one of the Beach's most admired buildings.This Prime Location is located right across the street from Woodbine Park with its pond, playground, and numerous acres of greenspace where wildlife sightings are common! its just steps from the lake, shops, restaurants along Queen Street East. This is Beaches living at its finest. EV charger is installed in parking spot.
MississaugaInvestor.ca
321- 9 Boardwalk Drive
Condo Apartment · 2bd/2ba · ~1,500 sqft
$1,999,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.08%
Monthly Cash Flow
-$9,335/mo
Estimated Rent
$3,500/mo
Cash-on-Cash
-25.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,500 |
| Mortgage | −$9,201 |
| Property Tax | −$1,583 |
| Insurance | −$225 |
| Condo Fee | −$1,651 |
| Vacancy (5%) | −$175 |
| Cash Flow | -$9,335/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,000 |
| Vacancy (5%) | −$2,100 |
| Property Tax | −$18,991 |
| Insurance | −$2,700 |
| Condo Fee | −$19,812 |
| Annual NOI | $-1,603 |
| Cap Rate | -0.08% |
Cash Required to Close
| Down Payment (20%) | $399,800 |
| Ontario Land Transfer Tax | $36,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,255 |
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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