501- 711 Rossland Road, Whitby
Whitby
$399,000
Cash flow, cap rate & mortgage breakdown
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Listed by Re/Max Hallmark First Group Realty Ltd.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
1
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
Bright & Spacious 2 Bedroom + Den/Solarium, 2 Bath Suite in Sought-After Pringle Creek! This East-facing home offers approx. 800-899 sq ft of well-designed living space with laminate flooring throughout and a versatile den/solarium off the living room, ideal for a home office, nursery, or reading nook. Wake up to gorgeous eastern morning light. Ensuite laundry, 1 owned underground parking spot, and an owned locker included. Residents enjoy access to a fitness centre, party/games room, billiards room, and ample visitor parking in this well-maintained, professionally managed building. Unbeatable location steps to the Whitby Public Library, Whitby Recreation Centre, shopping, transit, and Hwy 401. Don't miss this one!
MississaugaInvestor.ca
501- 711 Rossland Road
Condo Apartment · 2bd/2ba · ~850 sqft
$399,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.54%
Monthly Cash Flow
-$1,658/mo
Estimated Rent
$1,900/mo
Cash-on-Cash
-22.8%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,900 |
| Mortgage | −$1,837 |
| Property Tax | −$356 |
| Insurance | −$225 |
| Condo Fee | −$1,045 |
| Vacancy (5%) | −$95 |
| Cash Flow | -$1,658/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,800 |
| Vacancy (5%) | −$1,140 |
| Property Tax | −$4,269 |
| Insurance | −$2,700 |
| Condo Fee | −$12,540 |
| Annual NOI | $2,151 |
| Cap Rate | 0.54% |
Cash Required to Close
| Down Payment (20%) | $79,800 |
| Ontario Land Transfer Tax | $4,460 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,260 |
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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