411- 50 TOWN CENTRE Court, Toronto E09
Toronto E09
$438,888
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
9
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 Home. Gorgeous 1 Bedroom + Solarium (can be used as a 2nd bedroom) with 1 Full Washroom Condo. One of the lowest maintenance fees in the area for this building. Condo comes with crown mouldings, upgraded hardwood flooring, upgraded kitchen cabinets, backsplash and 2 balconies (South- 20 x 4.7ft, East- 19.3 x 5.1ft). Filled with natural light with floor to ceiling windows, for a bright and natural environment. Open concept Living and Dining area, with a upgraded kitchen and a lovely balcony outside, for a relaxing evening tea or dinner with the family. Includes one parking space and one locker (locker on the samelevel as the condo). Well managed building, excellent amenities, walking distance to Scarborough Town Centre, Cineplex, TTC, GO transit, parks, YMCA, quick access to 401 and family friendly restaurants. Ideal for first time buyers and investors.
MississaugaInvestor.ca
411- 50 TOWN CENTRE Court
Condo Apartment · 2bd/1ba · ~650 sqft
$438,888
Cash-Flow Report · July 31, 2026
Cap Rate
1.81%
Monthly Cash Flow
-$1,358/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-16.97%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$2,020 |
| Property Tax | −$347 |
| Insurance | −$225 |
| Condo Fee | −$571 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$1,358/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$4,169 |
| Insurance | −$2,700 |
| Condo Fee | −$6,852 |
| Annual NOI | $7,939 |
| Cap Rate | 1.81% |
Cash Required to Close
| Down Payment (20%) | $87,777.6 |
| Ontario Land Transfer Tax | $5,253 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $96,030.6 |
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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