639- 68 Corporate Drive, Toronto E09
Toronto E09
$545,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE LANDMARK REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Experience elegance and convenience in this over 1000 sq.ft. condo at the luxurious Tridel Consilium II, offering stunning unobstructed southwest views. Split Bdrm Layout. The inviting open-concept living and dining area is perfect for entertaining. The spacious primary bedroom boasts a 4-piece ensuite and walk-in closet, Den with French door can be 3rd bedroom. This Suite Offers Generous Room Sizes And Excellent Natural Light Throughout. All-inclusive maintenance fees cover utilities, ensuring stress-free living.Enjoy Resort-Style Amenities Including Indoor Pool, Bowling Alley, Billiards Room, Ping Pong, Library, Games & Study Room, Cafe And More. Located in a prime Scarborough location. Steps to Scarborough Town Centre, schools, TTC, the future subway station, Scarborough General Hospital, restaurants, and Highway 401, Parks, Schools, Restaurants, Shopping And All Conveniences. A Must-See Opportunity. 2 Tendam parking space and one locker.
MississaugaInvestor.ca
639- 68 Corporate Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$545,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.16%
Monthly Cash Flow
-$1,984/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-19.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$2,509 |
| Property Tax | −$432 |
| Insurance | −$225 |
| Condo Fee | −$1,003 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$1,984/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$5,178 |
| Insurance | −$2,700 |
| Condo Fee | −$12,036 |
| Annual NOI | $6,306 |
| Cap Rate | 1.16% |
Cash Required to Close
| Down Payment (20%) | $109,000 |
| Ontario Land Transfer Tax | $7,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $119,375 |
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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