
68 Grangeway Avenue, Toronto E09
Toronto E09
$429,900
Cash flow, cap rate & mortgage breakdown
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Listed by ACCSELL 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
$1,850/mo
Estimated from market price-to-rent ratios
Remarks
Step Into This Stunning, Light-Filled Unit, Moments Away From Scarborough Town Centre - Offering 686 Sq. Ft. Of Modern Luxury & Convenience. This Residence Features 1 Bedroom Plus Den - A Sleek Open-Concept Design With Expansive Windows That Fill The Suite With Natural Light! The Thoughtfully Designed Layout Boasts A Stylish Kitchen With S/S Appliances, Newer Flooring, & Contemporary Finishes That Elevate Every Space! The Spacious Living And Dining Area Flows Seamlessly To A Private Balcony, Perfect For Entertaining Or Simply Enjoying The View. Residents Enjoy An Array Of Upscale Amenities, Including An Indoor Pool, Fitness Centre, Golf Room, Billiards, Party Room, Guest Suites, & 24/7 Security. Ideally Situated In A Prime Scarborough City Centre Location, Youre Just Steps From Scarborough Town Centre, TTC, GO Transit, Mccowan RT, Shopping, Dining, Parks, Schools, And The YMCA. With Easy Access To Highway 401, This Condo Is Truly The Perfect Transit Hub Connecting You Across The City And Beyond. Whether You're A Young Professional, Small Family, Or Savvy Investor, This Exceptional Suite Offers The Perfect Blend Of Function, Flair, And Lifestyle. Maintenance Fee Includes All Utilities (Heat/Hydro/Water)! Don't Miss This Opportunity To Live In Brilliance!
MississaugaInvestor.ca
68 Grangeway Avenue
Condo Apartment · 2bd/1ba · ~650 sqft
$429,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.29%
Monthly Cash Flow
-$1,517/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-19.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,979 |
| Property Tax | −$340 |
| Insurance | −$225 |
| Condo Fee | −$730 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$1,517/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$4,084 |
| Insurance | −$2,700 |
| Condo Fee | −$8,760 |
| Annual NOI | $5,546 |
| Cap Rate | 1.29% |
Cash Required to Close
| Down Payment (20%) | $85,980 |
| Ontario Land Transfer Tax | $5,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $94,053 |
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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