
1102- 20 McFarlane Drive, Halton Hills
Halton Hills
$684,500
Cash flow, cap rate & mortgage breakdown
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Listed by COMFREE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
36
Price Drop
2%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this luxury two bedroom plus den fully renovated condo. Turn-key living in this ultra-quiet condo offers modern elegance and exceptional value. Step inside to find gorgeous, premium sound-absorbing luxury vinyl plank flooring running throughout an expansive layout. The chef's kitchen is a carefully designed masterpiece, fully equipped with high-end appliances including a side-by-side refrigerator, a premium induction cooktop, and a sleek, cabinet-hidden dishwasher. Custom multi-functional cabinetry provides plenty of storage and organization. The layout offers incredible space and flexibility. The massive master bedroom features a gorgeous ensuite and attached den ideal for a home office, secondary living space, or an easy conversion into a 3rd bedroom. Adjacent is a second bedroom and beautifully updated, modern bathroom. Storage is a plentiful here, featuring large closets, a convenient linen closet, and a rare, walk-in laundry room. Step outside onto your private balcony to enjoy spectacular, unobstructed sunset views. This unit utilizes a rental water heater and modern heat pump system in addition to a number of Incredible building perks including two underground parking spots, a private storage locker, and high-speed internet and TV.
MississaugaInvestor.ca
1102- 20 McFarlane Drive
Condo Apartment · 2bd/2ba · ~1,300 sqft
$684,500
Cash-Flow Report · July 31, 2026
Cap Rate
0.69%
Monthly Cash Flow
-$2,756/mo
Estimated Rent
$2,200/mo
Cash-on-Cash
-22.04%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,200 |
| Mortgage | −$3,151 |
| Property Tax | −$485 |
| Insurance | −$225 |
| Condo Fee | −$985 |
| Vacancy (5%) | −$110 |
| Cash Flow | -$2,756/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$26,400 |
| Vacancy (5%) | −$1,320 |
| Property Tax | −$5,818 |
| Insurance | −$2,700 |
| Condo Fee | −$11,820 |
| Annual NOI | $4,742 |
| Cap Rate | 0.69% |
Cash Required to Close
| Down Payment (20%) | $136,900 |
| Ontario Land Transfer Tax | $10,165 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $150,065 |
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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