
292- 1605 Albion Road, Toronto W10
Toronto W10
$549,900
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX PREMIER INC.
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
39
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,300/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 1605 Albion Rd #292, a multi-level condo townhome in North Etobicoke, ideally located at the corner of Martin Grove and Albion. Offering unmatched convenience, this home is just steps to TTC, Albion Mall, schools (elementary & secondary), Humber College, parks, community centres, places of worship, grocery stores, restaurants, and Etobicoke General Hospital.This well-designed layout provides excellent separation of living spaces, perfect for families. The main level features a spacious kitchen and dining area, along with a bright, oversized living room ideal for everyday living and entertaining.Upstairs, you'll find three well-proportioned bedrooms, including a generously sized primary bedroom with ample closet space.The home also offers a versatile finished basement, currently used as a bedroom with a 3-piece washroom and crawl space (accessed through the closet), making it ideal for extended family, a home office, or additional living space.Additional features include an updated 100-amp electrical panel with breakers, new garage door (July 2026) and A/C (approx. 2016). A rare chance to own a condo townhome with a private garage in a highly convenient location.
MississaugaInvestor.ca
292- 1605 Albion Road
Condo Townhouse · 3bd/2ba · ~1,100 sqft
$549,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.81%
Monthly Cash Flow
-$1,700/mo
Estimated Rent
$2,300/mo
Cash-on-Cash
-16.94%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,300 |
| Mortgage | −$2,531 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$694 |
| Vacancy (5%) | −$115 |
| Cash Flow | -$1,700/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$27,600 |
| Vacancy (5%) | −$1,380 |
| Property Tax | −$5,224 |
| Insurance | −$2,700 |
| Condo Fee | −$8,328 |
| Annual NOI | $9,968 |
| Cap Rate | 1.81% |
Cash Required to Close
| Down Payment (20%) | $109,980 |
| Ontario Land Transfer Tax | $7,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,453 |
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.