833- 68 Corporate Drive, Toronto E09
Toronto E09
$569,000
Cash flow, cap rate & mortgage breakdown
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Listed by YOUR HOME SOLD GUARANTEED REALTY SPECIALISTS 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
Highly desirable building! Spacious 1,111 sq. ft. condo features 2 bedrooms plus a solarium (ideal as a third bedroom or home office) and 2 full bathrooms. The functional layout includes an enclosed kitchen, generously sized bedrooms, and an open, bright living space filled with natural light. Recently updated with new paint and new flooring throughout! Enjoy an impressive selection of premium building amenities, including indoor and outdoor swimming pools, a BBQ area, bowling alley, tennis court, squash court, table tennis, and more. Ideally located just steps from Scarborough Town Centre, TTC transit, Highway 401, schools, shopping, and everyday conveniences. The unit also includes 2 parking spaces and 1 locker. An excellent opportunity for first-time home buyers, downsizers, or investors looking for a spacious condo in a prime location!
MississaugaInvestor.ca
833- 68 Corporate Drive
Condo Apartment · 3bd/2ba · ~1,100 sqft
$569,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.13%
Monthly Cash Flow
-$2,083/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-20.05%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,619 |
| Property Tax | −$451 |
| Insurance | −$225 |
| Condo Fee | −$1,020 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,083/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,406 |
| Insurance | −$2,700 |
| Condo Fee | −$12,240 |
| Annual NOI | $6,444 |
| Cap Rate | 1.13% |
Cash Required to Close
| Down Payment (20%) | $113,800 |
| Ontario Land Transfer Tax | $7,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,655 |
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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