
7- 119 Omni Drive, Toronto E09
Toronto E09
$549,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by SUTTON GROUP QUANTUM REALTY INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
3
Days on Market
31
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and spacious 3-bedroom, 3-bathroom condo townhouse offering nearly 1,600 sq.ft. of thoughtfully designed living space by Tridel, set within a prestigious gated community. Ideally located steps from Scarborough Town Centre, TTC subway and bus routes, YMCA, library, civic centre, parks, and everyday amenities, with quick access to Hwy 401, Agincourt GO, Centennial College, and U of T Scarborough. Future Line 2 subway extension nearby. This sun-filled home features a functional layout perfect for families or downsizers. The living room offers a walkout to a large west-facing balcony. A skylight on the third floor fills the home with natural light. The oversized primary bedroom is a rare find, complete with his-and-hers walk-in closets and a 4-piece ensuite featuring a separate shower, soaker tub, double vanity, and new mirrors and lighting. Two additional bedrooms and a full bathroom are located on the second level. Enjoy the convenience of two direct access points from P2 parking to the elevator hallway. Exceptional building amenities include a gym, sauna, indoor pool, outdoor BBQ area, 24-hour gatehouse concierge, and ample visitor parking. Maintenance-free living with no grass cutting or snow removal. A spacious and comfortable home in a well-managed, luxury community. Some images virtually staged.
MississaugaInvestor.ca
7- 119 Omni Drive
Condo Townhouse · 3bd/3ba · ~1,500 sqft
$549,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.36%
Monthly Cash Flow
-$1,903/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-18.99%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$2,527 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$901 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$1,903/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$5,216 |
| Insurance | −$2,700 |
| Condo Fee | −$10,812 |
| Annual NOI | $7,492 |
| Cap Rate | 1.36% |
Cash Required to Close
| Down Payment (20%) | $109,800 |
| Ontario Land Transfer Tax | $7,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.