
302- 300 Manitoba Street, Toronto W06
Toronto W06
$615,000
Cash flow, cap rate & mortgage breakdown
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Listed by SKYBOUND REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
2
Days on Market
45
Price Drop
5%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,750/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Unit 302 at 300 Manitoba Street - a stunning 1-bedroom, 2-bathroom hard loft showcasing 17-foot ceilings with a unique industrial-inspired design and thoughtful upgrades throughout. Originally configured with a den, the space has been expertly transformed into a custom walk-in closet dressing room and a convenient second 3-piece bathroom, creating a highly functional and luxurious layout. Exposed concrete accents, modern finishes, a gas fireplace and custom design elements combine to deliver a stylish urban living experience.Enjoy an open-concept living space and move-in-ready convenience with select furniture pieces included in the purchase price. The building's amenities include a rooftop garden terrace with a BBQ area, a fully equipped gym, sauna, party room, reading nook and visitor parking. Ideally located close to popular restaurants, cafes, parks, schools, TTC, GO train, and access to major highways, offering the perfect balance of city living and everyday convenience. A must-see for buyers seeking character, comfort, and an exceptional location.
MississaugaInvestor.ca
302- 300 Manitoba Street
Condo Apartment · 1bd/2ba · ~950 sqft
$615,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.08%
Monthly Cash Flow
-$2,793/mo
Estimated Rent
$1,750/mo
Cash-on-Cash
-24.87%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,750 |
| Mortgage | −$2,831 |
| Property Tax | −$487 |
| Insurance | −$225 |
| Condo Fee | −$912 |
| Vacancy (5%) | −$88 |
| Cash Flow | -$2,793/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$21,000 |
| Vacancy (5%) | −$1,050 |
| Property Tax | −$5,843 |
| Insurance | −$2,700 |
| Condo Fee | −$10,944 |
| Annual NOI | $463 |
| Cap Rate | 0.08% |
Cash Required to Close
| Down Payment (20%) | $123,000 |
| Ontario Land Transfer Tax | $8,775 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $134,775 |
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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