
2103- 286 Main Street, Toronto E02
Toronto E02
$579,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ALL-STARS REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Welcome home to a modern-chic unit at Linx Condos by Tribute Communities, where function meets style! This spacious, 697 sq. ft. corner unit pairs modern luxury and practicality with clear unobstructed views! North city views, south lake views and east sunrise views from the 21st floor from both the oversized wrap-around 219 sq. ft. balcony & the wrap-around windows! The bright and airy interior showcases an open concept layout, making the most of every square foot. The modern & functional kitchen is equipped with sleek integrated appliances, gleaming quartz countertops and a large eat-in center island. The generous open-concept living space beams with natural light and walks out to the wrap-around balcony. The ample-sized primary bedroom comfortably fits a king-size bed and features a wall of East/South facing windows and a spacious double door closet. The roomy (proper) separate-room den, with floor-to-ceiling windows, makes an excellent home office, nursery, bonus room or guest space. Linx Condos features state of the art amenities and proudly "LINX" its residents to all forms of transit being steps to Main St. Subway, the 506 Streetcar & the Danforth GO. Live in comfort and style while being connected to all corners of Toronto and its suburbs. Who says you can't have it all?! - SEE MEDIA- Photo's represent previously staged listing.
MississaugaInvestor.ca
2103- 286 Main Street
Condo Apartment · 2bd/1ba · ~650 sqft
$579,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.57%
Monthly Cash Flow
-$1,908/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-18.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,665 |
| Property Tax | −$458 |
| Insurance | −$225 |
| Condo Fee | −$507 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$1,908/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,501 |
| Insurance | −$2,700 |
| Condo Fee | −$6,084 |
| Annual NOI | $9,085 |
| Cap Rate | 1.57% |
Cash Required to Close
| Down Payment (20%) | $115,800 |
| Ontario Land Transfer Tax | $8,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $126,855 |
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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