Ph3703- 60 Brian Harrison Way, Toronto E09
Toronto E09
$589,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX EXCEL REALTY LTD.
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
Discover luxury living in this fully renovated 2024/2025 corner penthouse featuring 2 bedrooms+ 1 den with a door, crafted with top-quality materials.The spacious open-concept kitchen boasts large, modern cabinets, new countertops, and high-endstainless steel appliances-featuring a French door refrigerator, electric range, built-inmicrowave/hood, and dishwasher-which connect effortlessly to the living and dining spaces,ideal for modern daily life and hosting guests.Abundant natural sunlight fills every room, showcasing brand-new floor and wall tiles, doors,and all faucets throughout. The bathrooms are equipped with LED mirrors and modern vanities,combining style and functionality. For ultimate comfort, there are two separate airconditioning units: one for the living room and one bedroom, and another dedicated to theremaining bedroom and the den.This stunning penthouse has been renovated from top to bottom and offers direct access topublic transportation, ensuring an effortless commute. Enjoy the convenience of a largeshopping mall accessible from inside the building, providing everything needed for acomfortable and hassle-free lifestyle.Building Amenities: Gym, indoor pool, guest suite, game room, party room, and 24/7 concierge.Don't miss this incredible opportunity to call this bright, stylish, and perfectly locatedpenthouse your new home!
MississaugaInvestor.ca
Ph3703- 60 Brian Harrison Way
Condo Apartment · 3bd/2ba · ~950 sqft
$589,000
Cash-Flow Report · August 1, 2026
Cap Rate
1.5%
Monthly Cash Flow
-$1,975/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-18.36%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,711 |
| Property Tax | −$466 |
| Insurance | −$225 |
| Condo Fee | −$805 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$1,975/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,596 |
| Insurance | −$2,700 |
| Condo Fee | −$9,660 |
| Annual NOI | $8,834 |
| Cap Rate | 1.5% |
Cash Required to Close
| Down Payment (20%) | $117,800 |
| Ontario Land Transfer Tax | $8,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $129,055 |
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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