301- 60 Kippendavie Avenue, Toronto E02
Toronto E02
$539,000
Cash flow, cap rate & mortgage breakdown
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Listed by SAGE REAL ESTATE LIMITED
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Home is where the hearth is..and this one has just that! Nestled on enviable Kippendavie Avenue, south of Queenand within steps to the tranquil beach and boardwalk, Suite 301 epitomizes what a home should truly feel like.Featuring hardwood floors throughout, an open concept kitchen with island and stunning skylight, an updatedbathroom, and a living space bathed in beautiful natural light. The oversized master suite features a walk in closetand large picture window overlooking the stunning beach homes on Kippendavie and mature trees/greenery. Theicing on the cake? The cozy wood burning fireplace, perfect for those cool summer nights. No neighbours aboveadds to peaceful living and comfort. Within steps to all that the Beaches has to offer including great restaurants andshops and really the perfect location to support your active lifestyle. Brand new a/c! It doesn't get better than this!
MississaugaInvestor.ca
301- 60 Kippendavie Avenue
Condo Apartment · 1bd/1ba · ~650 sqft
$539,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.76%
Monthly Cash Flow
-$2,142/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-21.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,481 |
| Property Tax | −$427 |
| Insurance | −$225 |
| Condo Fee | −$576 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$2,142/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$5,121 |
| Insurance | −$2,700 |
| Condo Fee | −$6,912 |
| Annual NOI | $4,077 |
| Cap Rate | 0.76% |
Cash Required to Close
| Down Payment (20%) | $107,800 |
| Ontario Land Transfer Tax | $7,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $118,055 |
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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