
TH135- 5 Elsie Lane, Toronto W02
Toronto W02
$809,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
25
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,600/mo
Estimated from market price-to-rent ratios
Remarks
Available for the first time since 2012, this spacious open concept 2 Bedroom + den unit comes with a brand new owned Navien tankless water heater (No monthly rental payments), A 6 months old dishwasher & one underground parking spot (Bye Bye overheating & snow removal!). The corner location within the complex provides added privacy & quietness. Its two-storey configuration is ideal to separate your public & private lives with the main floor offering a combined living & dining space to entertain, the laundry and mechanical room, a walk-out to the terrace where BBQ's are permitted & a modern kitchen with full-sized stainless steel appliances, granite countertops & generous storage for the chef in you. The upper floor is where you will find your den for your home office, a 4-piece bathroom & both bedrooms with windows in each & a walk-in closet in the primary. The location is hard to beat with Dundas West station & the Up Express walking distance, which makes a quick commute anywhere possible! Groceries, restaurants, shopping and more are just a jaunt away too. You can also easily access both High Park & The Junction neighbourhoods for live music, more errands & shopping. The current tenants have called it home for eight years. It makes a great home for young professionals!
MississaugaInvestor.ca
TH135- 5 Elsie Lane
Condo Townhouse · 3bd/2ba · ~850 sqft
$809,900
Cash-Flow Report · August 1, 2026
Cap Rate
1.72%
Monthly Cash Flow
-$2,568/mo
Estimated Rent
$2,600/mo
Cash-on-Cash
-17.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,600 |
| Mortgage | −$3,728 |
| Property Tax | −$641 |
| Insurance | −$225 |
| Condo Fee | −$444 |
| Vacancy (5%) | −$130 |
| Cash Flow | -$2,568/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,200 |
| Vacancy (5%) | −$1,560 |
| Property Tax | −$7,694 |
| Insurance | −$2,700 |
| Condo Fee | −$5,328 |
| Annual NOI | $13,918 |
| Cap Rate | 1.72% |
Cash Required to Close
| Down Payment (20%) | $161,980 |
| Ontario Land Transfer Tax | $12,673 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $177,653 |
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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