
3239- 68 Corporate Drive, Toronto E09
Toronto E09
$565,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE FRONTIER 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
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Indulge in gorgeous, unobstructed views of the city skyline and the CN Tower, and unwind every evening with breathtaking sunsets from your own window. This spacious, beautifully maintained 2-bedroom, 2-bathroom home offers almost 1,100 sq ft, including a bright sunroom that is your living room extension, or can be a home office, an extra bedroom, or whatever suits your lifestyle! Move-in ready and in impeccable shape, this unit boasts major updates including a 2023 fridge and stove, new 2026 thermostat, and hardwood floors, giving you total peace of mind for years to come. Enjoy true peace of mind with an all-inclusive maintenance fee, and indulge in the upscale amenities including a car wash, fully equipped gym, indoor and outdoor pools, sauna, tennis and squash courts, a bowling alley, billiards room, library, party room, BBQ area, guest suites, and around-the-clock security. Location doesn't get more convenient than this - walking distance to Scarborough Town Centre, Highway 401, TTC and the future subway extension, and many stores right at your doorstep. You're also just minutes from U of T, Centennial College, and GO Transit, making this an ideal spot for professionals, families, and investors alike. Built by Tridel, this all-inclusive gem combines comfort, luxury, and unbeatable location - a rare find you won't want to miss!
MississaugaInvestor.ca
3239- 68 Corporate Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$565,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.23%
Monthly Cash Flow
-$2,021/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-19.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,601 |
| Property Tax | −$447 |
| Insurance | −$225 |
| Condo Fee | −$980 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,021/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,368 |
| Insurance | −$2,700 |
| Condo Fee | −$11,760 |
| Annual NOI | $6,962 |
| Cap Rate | 1.23% |
Cash Required to Close
| Down Payment (20%) | $113,000 |
| Ontario Land Transfer Tax | $7,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $123,775 |
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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