1005- 2245 Eglinton Avenue, Toronto E04
Toronto E04
$449,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 LEADING EDGE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
18
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,900/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this stunning 2-bedroom, 1-bathroom condo located in the desirable Ionview community. Conveniently situated close to schools, grocery stores, parks, and everyday amenities, this well-maintained unit offers a bright and spacious living environment perfect for families, couples, or professionals. Upon entering, you'll notice the gleaming laminate flooring throughout, creating a modern and cohesive feel. The open and sun-filled living area features large windows and a walkout to a west-facing balcony, where you can enjoy beautiful sunsets and fresh air. The primary bedroom comfortably accommodates a king-size bed and offers generous closet space. The second bedroom is also spacious and includes a full-size closet, making it ideal for a family member, guest room, or home office. Whether you're relaxing after a long day or entertaining guests, this inviting condo provides the perfect place to call home. Don't miss the opportunity to own this beautiful 2-bedroom condo in a convenient and vibrant neighbourhood.
MississaugaInvestor.ca
1005- 2245 Eglinton Avenue
Condo Apartment · 2bd/1ba · ~1,100 sqft
$449,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.03%
Monthly Cash Flow
-$1,681/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-20.53%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,067 |
| Property Tax | −$356 |
| Insurance | −$225 |
| Condo Fee | −$838 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$1,681/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$4,266 |
| Insurance | −$2,700 |
| Condo Fee | −$10,056 |
| Annual NOI | $4,638 |
| Cap Rate | 1.03% |
Cash Required to Close
| Down Payment (20%) | $89,800 |
| Ontario Land Transfer Tax | $5,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $98,255 |
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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