
10- 331 Military Trail, Toronto E09
Toronto E09
$639,000
Cash flow, cap rate & mortgage breakdown
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Listed by Signature Elite Realty Ltd.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
4
Bathrooms
2
Days on Market
21
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,700/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully maintained, carpet-free condo townhome in a family-friendly Scarborough community. Featuring 3 spacious bedrooms, 1.5 bathrooms, and a finished lower level with the potential for a 4th bedroom, home office, or recreation space, this home offers flexibility for growing families, first-time buyers, and investors alike. Enjoy recently updated vinyl flooring in the living & dining room, creating a modern and low-maintenance living environment. The functional layout provides generous principal rooms and plenty of space to live, work, and entertain. Water is included in the condo fees, adding exceptional value and predictable monthly costs. Ideally situated near the University of Toronto Scarborough campus, Centennial College, Toronto Pan Am Sports Centre, schools (High Castle Elementary & St. Edmund), shopping, parks, and everyday amenities. Nature lovers will appreciate nearby Morningside Park, Highland Creek trails, and Rouge National Urban Park, while commuters benefit from convenient TTC access and quick connections to Highway 401. A fantastic opportunity to own in a well-established community surrounded by green space and urban conveniences.
MississaugaInvestor.ca
10- 331 Military Trail
Condo Townhouse · 4bd/2ba · ~1,100 sqft
$639,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.67%
Monthly Cash Flow
-$1,521/mo
Estimated Rent
$2,700/mo
Cash-on-Cash
-13.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,700 |
| Mortgage | −$2,941 |
| Property Tax | −$506 |
| Insurance | −$225 |
| Condo Fee | −$414 |
| Vacancy (5%) | −$135 |
| Cash Flow | -$1,521/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$32,400 |
| Vacancy (5%) | −$1,620 |
| Property Tax | −$6,071 |
| Insurance | −$2,700 |
| Condo Fee | −$4,968 |
| Annual NOI | $17,041 |
| Cap Rate | 2.67% |
Cash Required to Close
| Down Payment (20%) | $127,800 |
| Ontario Land Transfer Tax | $9,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $140,055 |
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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