3011- 50 Town Centre Court, Toronto E09
Toronto E09
$425,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ATRIUM HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
12
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Location, Location, Location! Welcome to this gorgeous, sun-filled 1-bedroom plus den corner condo layout, perched on a high floor in the vibrant heart of Scarborough with no wasted space and complete hallway privacy. This immaculate, freshly painted home features a versatile den perfect for a home office or second bedroom, sleek laminate flooring, brand-new light fixtures, granite countertops, and stainless steel appliances. Step out onto your private balcony to enjoy spectacular, unobstructed south-facing views of the city skyline and the CN Tower. Offering ultimate convenience, you are just a one-minute walk from the Scarborough Centre transit hub (LRT, Bus, and GO Station), seconds from the Highway 401 ramp, and steps from Scarborough Town Centre, the YMCA, movie theatres, and IKEA-plus, a dedicated parking space and storage locker are completely included!
MississaugaInvestor.ca
3011- 50 Town Centre Court
Condo Apartment · 2bd/1ba · ~650 sqft
$425,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.77%
Monthly Cash Flow
-$1,331/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-17.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,956 |
| Property Tax | −$337 |
| Insurance | −$225 |
| Condo Fee | −$570 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,331/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$4,038 |
| Insurance | −$2,700 |
| Condo Fee | −$6,840 |
| Annual NOI | $7,512 |
| Cap Rate | 1.77% |
Cash Required to Close
| Down Payment (20%) | $85,000 |
| Ontario Land Transfer Tax | $4,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $92,975 |
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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