2103- 61 Town Centre Court, Toronto E09
Toronto E09
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by EVEREST REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,950/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and spacious 2-bedroom, 2-bathroom corner unit with crown molding in a sought-after Tridel-built residence, just steps from Scarborough Town Center. Newer floor and appliances.Offering approximately 950 sq ft of well-maintained living space, this condo features a private open balcony with breathtaking southwest views with a glimpse of the lake. Enjoy top-tier 24-hour concierge service and a full suite of resort-style amenities, including: Indoor pool, billiards & ping pong rooms, fully-equipped gym and a party room. Conveniently located near TTC, Hwy 401, Centennial Recreation Center, Centennial College, 1 bus to U of T Scarborough Campus. Everything you need is just minutes away. Locker and parking included. Don't miss this incredible opportunity to own a condo in the heart of Scarborough!
MississaugaInvestor.ca
2103- 61 Town Centre Court
Condo Apartment · 2bd/2ba · ~950 sqft
$499,000
Cash-Flow Report · August 4, 2026
Cap Rate
0.12%
Monthly Cash Flow
-$2,246/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-24.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$1,181 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$2,246/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$14,172 |
| Annual NOI | $617 |
| Cap Rate | 0.12% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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