
518- 246 Logan Avenue, Toronto E01
Toronto E01
$578,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Above It All in Leslieville's Premier Boutique Soft Loft! Nestled in the treetops of one of Toronto's most vibrant neighborhoods, this one-of-a-kind 1-bedroom customized soft loft perfectly blends style, comfort, and functionality. Located in a meticulously maintained boutique low-rise, professionally managed by Icon Property, the building features a dedicated on-site superintendent (Mon to Fri 10:00am-6:00pm; Sat 8:00am-12:00pm) along with nightly on-site security (Mon to Sun 11:00pm-7:00am), offering residents exceptional service and added peace of mind. Steps from cafes, artisanal shops, restaurants, parks, and TTC, this sun-filled boasts floor-to-ceiling windows. Storage is generous with an oversized locker, and secure underground parking included. Situated on the quiet side of this well-managed boutique building, residents also enjoy access to a party room terrace and conference space. Ideal for first-time homebuyers, this turnkey loft offers low maintenance fees and strong rental potential, all within a 10/10 location known for its quiet tree-lined streets, nearby parks, fantastic takeout options, and unbeatable urban convenience. This property represents a smart investment in one of Toronto's most sought after hoods. brand new SS fridge
MississaugaInvestor.ca
518- 246 Logan Avenue
Condo Apartment · 1bd/1ba · ~550 sqft
$578,000
Cash-Flow Report · August 2, 2026
Cap Rate
0.89%
Monthly Cash Flow
-$2,234/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-21.17%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$2,660 |
| Property Tax | −$458 |
| Insurance | −$225 |
| Condo Fee | −$506 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$2,234/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$5,491 |
| Insurance | −$2,700 |
| Condo Fee | −$6,072 |
| Annual NOI | $5,117 |
| Cap Rate | 0.89% |
Cash Required to Close
| Down Payment (20%) | $115,600 |
| Ontario Land Transfer Tax | $8,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $126,635 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.