
409- 625 Queen Street, Toronto E01
Toronto E01
$885,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK BIBBY GROUP REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
10
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
This Is Your Opportunity To Own A Suite In One Of Leslieville's Most Sought-After Condominiums - The Intimate, Edge Lofts! Offering 904 Meticulous Interior Square Feet, The Expansive One-Bedroom + Den, Sundrenched Corner Residence Provides An Abundance Of Natural Light Throughout And Showcases Some Of Toronto's Most Dramatic Skyline Views. The Well-Defined Principal Rooms Overlook The Don Valley Trail And Feature Soaring Ceilings Designed For Seamless Entertaining, As They Accommodate An Unrivaled Living Experience. The Open Concept Dining Room Seamlessly Integrates Into A Private Balcony Overlooking Picturesque Queen Street East. The Top Of The Line Modern Kitchen Features Stainless Steel Appliances & Provides Functionality With Ample Storage & A Large Center Island. The Cozy & Spacious Primary Bedroom Retreat Includes A Large Double Closet And Spa-Like Four-Piece Bathroom. The Large Den Is Perfect For Those In Need Of A Spacious Home Office And Could Easily Be Converted Into A Nursery Or Guest Room. Incredible Location As You Have Easy Access To The Acclaimed Restaurants Of Queen Street East, The Broadview Hotel, Jimmy Simpson Recreation Centre, The Distillery District, Corktown, Upcoming Ontario Line, DVP, Martin Goodman Trail, Tommy Thompson Park, Don River Trail & Biidaasige Park. Queen Streetcar At Your Doorstep!
MississaugaInvestor.ca
409- 625 Queen Street
Condo Apartment · 2bd/2ba · ~950 sqft
$885,000
Cash-Flow Report · August 1, 2026
Cap Rate
0.48%
Monthly Cash Flow
-$3,721/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-23%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$4,074 |
| Property Tax | −$701 |
| Insurance | −$225 |
| Condo Fee | −$953 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$3,721/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$8,408 |
| Insurance | −$2,700 |
| Condo Fee | −$11,436 |
| Annual NOI | $4,246 |
| Cap Rate | 0.48% |
Cash Required to Close
| Down Payment (20%) | $177,000 |
| Ontario Land Transfer Tax | $14,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $194,175 |
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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