
1002- 15 Legion Road, Toronto W06
Toronto W06
$499,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
36
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
Experience elevated waterfront living in this rarely offered stunning corner suite in the heart of vibrant Mimico, offering breathtaking panoramic views of the lake, Humber Bay Park, and spectacular evening sunsets that create an unforgettable backdrop both day and night. This bright and beautifully appointed residence features 2 spacious bedrooms, 1 full bathroom, parking, and a locker, with expansive windows that fill the suite with natural light throughout the day. The thoughtfully designed open-concept living and dining area offers an ideal balance of comfort and sophistication, creating an inviting space for both entertaining and everyday living. Enjoy refreshing cross-breezes, incredible panoramic views, and access to exceptional building amenities including a 24-hour concierge, all within a quiet, well-managed residence surrounded by parks, waterfront trails, and green space. Perfectly positioned for convenience, this sought-after location offers easy access to public transit and downtown Toronto while allowing you to enjoy the comfort of waterfront living just outside the core. Steps to local cafés, restaurants, and everyday essentials, this is city living with a more relaxed lakeside atmosphere.
MississaugaInvestor.ca
1002- 15 Legion Road
Condo Apartment · 2bd/1ba · ~750 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.87%
Monthly Cash Flow
-$1,935/mo
Estimated Rent
$1,950/mo
Cash-on-Cash
-21.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,950 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$870 |
| Vacancy (5%) | −$98 |
| Cash Flow | -$1,935/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$23,400 |
| Vacancy (5%) | −$1,170 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$10,440 |
| Annual NOI | $4,349 |
| Cap Rate | 0.87% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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.