
610- 1195 The Queensway N/A, Toronto W08
Toronto W08
$319,999
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX REALTRON REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
29
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,450/mo
Estimated from market price-to-rent ratios
Remarks
Step into modern urban living at 1195 The Queensway, Unit 610-a bright and stylish 1-bedroom, 1-bath suite offering comfort, convenience, and a sleek contemporary design. This thoughtfully planned unit features an open-concept layout, large windows that fill the space with natural light, and modern finishes throughout. The streamlined kitchen includes full-sized stainless steel appliances, quartz countertops, and ample cabinet storage, perfect for everyday cooking or hosting guests. The spacious bedroom provides a calm retreat with generous closet space, while the well-appointed bathroom offers clean, modern touches. With one locker included, you'll have plenty of extra storage to keep everything organized. Located in a vibrant and fast-growing neighbourhood, you're just steps from restaurants, shopping, transit, groceries, and easy access to the Gardiner and Hwy 427. This unit was previously leased and has been exceptionally maintained-ideal for professionals, students, or anyone seeking a stylish, move-in-ready space in a prime location. Experience comfort, convenience, and contemporary living, all at Unit 610. Don't miss your chance to own this gem at The Tailor!
MississaugaInvestor.ca
610- 1195 The Queensway N/A
Condo Apartment · 1bd/1ba · ~550 sqft
$319,999
Cash-Flow Report · July 31, 2026
Cap Rate
1.84%
Monthly Cash Flow
-$982/mo
Estimated Rent
$1,450/mo
Cash-on-Cash
-16.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,450 |
| Mortgage | −$1,473 |
| Property Tax | −$253 |
| Insurance | −$225 |
| Condo Fee | −$408 |
| Vacancy (5%) | −$73 |
| Cash Flow | -$982/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$17,400 |
| Vacancy (5%) | −$870 |
| Property Tax | −$3,040 |
| Insurance | −$2,700 |
| Condo Fee | −$4,896 |
| Annual NOI | $5,894 |
| Cap Rate | 1.84% |
Cash Required to Close
| Down Payment (20%) | $63,999.8 |
| Ontario Land Transfer Tax | $3,275 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $70,274.8 |
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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