608- 3088 Kennedy Road, Toronto E05
Toronto E05
$428,000
Cash flow, cap rate & mortgage breakdown
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Listed by TRADEWORLD REALTY INC
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
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
* Tridel Built Condo Ideal For Seniors For Security & Independence * Has Deed (Not Life Lease) * Newly Renovated * 24 Hour On-Site Medical Emergency Service By Yee Hong * New Plaza Across The Road * Walking Distance to TTC, Supermarket, Community Centre... *** No Pets & No Smoking ***
MississaugaInvestor.ca
608- 3088 Kennedy Road
Condo Apartment · 2bd/2ba · ~850 sqft
$428,000
Cash-Flow Report · August 2, 2026
Cap Rate
-0.39%
Monthly Cash Flow
-$2,109/mo
Estimated Rent
$1,850/mo
Cash-on-Cash
-27.03%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,850 |
| Mortgage | −$1,970 |
| Property Tax | −$339 |
| Insurance | −$225 |
| Condo Fee | −$1,332 |
| Vacancy (5%) | −$93 |
| Cash Flow | -$2,109/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$22,200 |
| Vacancy (5%) | −$1,110 |
| Property Tax | −$4,066 |
| Insurance | −$2,700 |
| Condo Fee | −$15,984 |
| Annual NOI | $-1,660 |
| Cap Rate | -0.39% |
Cash Required to Close
| Down Payment (20%) | $85,600 |
| Ontario Land Transfer Tax | $5,035 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $93,635 |
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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