
511- 22 East Haven Drive, Toronto E06
Toronto E06
$530,000
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 INNOVATIVE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 22 East Haven Drive, Unit 511- a beautifully appointed 2-bedroom, 2-bathroomcondominium in the highly sought-after Birchcliffe-Cliffside community. Thoughtfully designedwith a bright and spacious split-bedroom layout, this elegant suite offers the perfect blendof privacy, comfort, and contemporary living. The modern kitchen features premium finishes,sleek cabinetry, and quality countertops, seamlessly flowing into the open-concept living anddining area. Step out onto to private balcony, the perfect place to enjoy your morning coffee,relax after a long day. The generous primary bedroom boasts a beautifully finished 4-pieceensuite, while the well-sized second bedroom and stylish second full bathroom provide comfortand flexibility for family, guests, or a home office. High-end finishes throughout, combinedwith the convenience of in-suite laundry, make this home completely move-in ready. Ideallysituated in one of Scarborough's most desirable neighbourhoods, you'll enjoy an exceptionallifestyle with cafés, restaurants, boutique shops, parks, schools, and everyday conveniencesjust steps away. TTC service is at your doorstep, with nearby GO Transit providing effortlessaccess throughout the GTA, while the breathtaking Scarborough Bluffs, waterfront trails, andLake Ontario are only minutes away. Residents of this newer, well-managed building enjoyoutstanding amenities, including a 24-hour concierge, fully equipped fitness centre, partyroom, rooftop terrace, recreation and games room, parcel room, and guest suites. Complete withone underground parking space and one locker, this exceptional residence offers the perfectcombination of luxury, convenience, and location, making it an outstanding opportunity forfirst-time buyers, professionals, downsizers, and investors alike.
MississaugaInvestor.ca
511- 22 East Haven Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$530,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.26%
Monthly Cash Flow
-$1,883/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-19.47%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,440 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$650 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,883/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$5,035 |
| Insurance | −$2,700 |
| Condo Fee | −$7,800 |
| Annual NOI | $6,695 |
| Cap Rate | 1.26% |
Cash Required to Close
| Down Payment (20%) | $106,000 |
| Ontario Land Transfer Tax | $7,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $116,075 |
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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