
1216- 105 Queensway Avenue, Toronto W01
Toronto W01
$529,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by ROYAL HERITAGE REALTY LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
61
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
Renovated & Freshly Painted 1+1 Condo With Lake Views at NXT IIWelcome to this beautifully renovated and freshly painted one-bedroom-plus-den condo at NXT II, located in the heart of High Park-Swansea. This bright and spacious suite offers a functional open-concept layout with updated finishes, a large private balcony, and southeast lake views.The modern kitchen features stainless steel appliances, a built-in dishwasher, a microwave with exhaust hood, and plenty of space for everyday living or entertaining. The den is a versatile bonus space that can serve as a home office, guest area, or even a second-bedroom setup.Enjoy resort-style building amenities, including concierge service, indoor and outdoor pools, a fitness centre, sauna, party and media rooms, guest suites, tennis court, visitor parking, and bike storage. The unit also includes underground parking.Located steps from High Park, Sunnyside Beach, waterfront trails, public transit, Bloor West Village, Roncesvalles, The Junction, Lake Shore Boulevard, and the Gardiner Expressway, this location offers the perfect mix of nature, convenience, and city living.Local HighlightsHigh Park is only minutes away and offers one of Toronto's best green spaces, with trails, sports areas, gardens, playgrounds, and year-round outdoor recreation.Sunnyside Beach, the waterfront, and nearby cycling and walking trails are close by, making this an excellent location for anyone who enjoys the lake lifestyle.Roncesvalles, Bloor West Village, and The Junction offer cafés, restaurants, boutiques, shops, and everyday amenities. Quick access to Lake Shore Boulevard, the Gardiner Expressway, TTC, and waterfront trails makes commuting downtown or exploring the west end easy.
MississaugaInvestor.ca
1216- 105 Queensway Avenue
Condo Apartment · 2bd/1ba · ~750 sqft
$529,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.09%
Monthly Cash Flow
-$1,956/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-20.26%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,435 |
| Property Tax | −$419 |
| Insurance | −$225 |
| Condo Fee | −$729 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,956/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$5,026 |
| Insurance | −$2,700 |
| Condo Fee | −$8,748 |
| Annual NOI | $5,756 |
| Cap Rate | 1.09% |
Cash Required to Close
| Down Payment (20%) | $105,800 |
| Ontario Land Transfer Tax | $7,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $115,855 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.