211- 1630 Queen Street, Toronto E02
Toronto E02
$509,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
28
Price Drop
7%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Beautiful south facing unit at prime WestBeach condos. One bedroom unit with a solarium that can act as an office, reading room, or whatever your imagination allows. Open concept living/dining room and bedroom with sliding doors for a flexible space feeling. Laminate throughout, stainless steel appliances. Located near Woodbine Beach, steps to Queen streetcar, minutes to vibrant Beaches community with every convenience, parks, shopping, groceries, Martin Goodman Trail along the waterfront, and so much more.
MississaugaInvestor.ca
211- 1630 Queen Street
Condo Apartment · 1bd/1ba · ~650 sqft
$509,900
Cash-Flow Report · August 3, 2026
Cap Rate
0.69%
Monthly Cash Flow
-$2,056/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-22.1%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,347 |
| Property Tax | −$404 |
| Insurance | −$225 |
| Condo Fee | −$647 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$2,056/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$4,844 |
| Insurance | −$2,700 |
| Condo Fee | −$7,764 |
| Annual NOI | $3,502 |
| Cap Rate | 0.69% |
Cash Required to Close
| Down Payment (20%) | $101,980 |
| Ontario Land Transfer Tax | $6,673 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $111,653 |
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.