
3114- 105 THE QUEENSWAY N/A, Toronto W01
Toronto W01
$529,900
Cash flow, cap rate & mortgage breakdown
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Listed by SUTTON GROUP - SUMMIT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
47
Price Drop
4%
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 NXT2 Luxury Condominiums, an iconic waterfront residence featuring sophisticated design inspired by Fendi and an unbeatable High Park-Swansea location.** This stunning **1 Bedroom + Den, 704 sqf + Balcony** suite offers breathtaking views of Lake Ontario, High Park, and the Toronto skyline, creating the perfect backdrop for urban living. Flooded with natural light through expansive **floor-to-ceiling windows**, where you can enjoy your morning coffee while taking in spectacular sunrise and city views. The thoughtfully designed open-concept layout boasts **9-foot ceilings**, modern finishes, sliding glass doors, and exceptional functionality with no wasted space. The versatile den provides the perfect space for a home office, guest room, or second bedroom, making this suite ideal for professionals, couples, or investors alike. Freshly painted and move-in ready, this home offers a seamless blend of comfort, style, and convenience. Enjoy resort-style living with an impressive selection of premium amenities, including **indoor and outdoor swimming pools, two fully equipped fitness centres, sauna, tennis court, movie theatre, party room, games room, guest suites, BBQ area, bike storage, daycare facilities, 24-hour concierge and security, and even a dedicated dog park for your four-legged companion.** Step outside and embrace one of Toronto's most desirable waterfront communities. Walk to the lake, High Park, waterfront trails, restaurants, cafés, and local shops. Commuting is effortless with the **501 streetcar at your doorstep** and quick access to the Gardiner Expressway, Highway 427, downtown Toronto, and Pearson Airport. Whether you're looking for a vibrant urban lifestyle, stunning views, or exceptional building amenities, this remarkable suite delivers it all. **Experience the best of waterfront living in one of Toronto's most sought-after condo communities.**
MississaugaInvestor.ca
3114- 105 THE QUEENSWAY N/A
Condo Apartment · 2bd/1ba · ~750 sqft
$529,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.14%
Monthly Cash Flow
-$1,935/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-20.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,439 |
| Property Tax | −$420 |
| Insurance | −$225 |
| Condo Fee | −$703 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,935/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$5,034 |
| Insurance | −$2,700 |
| Condo Fee | −$8,436 |
| Annual NOI | $6,060 |
| Cap Rate | 1.14% |
Cash Required to Close
| Down Payment (20%) | $105,980 |
| Ontario Land Transfer Tax | $7,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $116,053 |
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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