
815- 50 Lotherton Pathway, Toronto W04
Toronto W04
$404,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX GOLD REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
4
Bathrooms
1
Days on Market
22
Price Drop
6%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,450/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and spacious rare 4-bedroom corner condo in one of North Toronto's most convenient and family-friendly communities! This sun-filled unit features a functional open-concept living and dining area with stunning east-facing views, creating the perfect space for everyday living and entertaining. The updated eat-in kitchen offers a bright breakfast area, while all four generously sized bedrooms provide excellent space and ample storage for growing families or those working from home.Enjoy the convenience of in-suite laundry, a well-maintained move-in-ready interior, and one underground parking space. All utilities are included in the maintenance fees-heat, hydro, and water-providing exceptional value and worry-free living.Residents enjoy outstanding building amenities, including an indoor swimming pool, tennis court, basketball court, party room, and 24-hour security.Ideally located just minutes from Walmart, Home Depot, Tim Hortons, Yorkdale Shopping Centre, Highways 401 & 400, schools, parks, public transit, Lawrence West Subway Station, Glencairn Subway Station, and the future Eglinton-Caledonia transit hub, everything you need is right at your doorstep.Whether you're a first-time buyer, growing family, or investor, this is an incredible opportunity to own a spacious 4-bedroom home in a prime Toronto location. Why rent when you can own?
MississaugaInvestor.ca
815- 50 Lotherton Pathway
Condo Apartment · 4bd/1ba · ~850 sqft
$404,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.44%
Monthly Cash Flow
-$1,040/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-14.09%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$1,864 |
| Property Tax | −$321 |
| Insurance | −$225 |
| Condo Fee | −$957 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$1,040/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$3,847 |
| Insurance | −$2,700 |
| Condo Fee | −$11,484 |
| Annual NOI | $9,899 |
| Cap Rate | 2.44% |
Cash Required to Close
| Down Payment (20%) | $80,980 |
| Ontario Land Transfer Tax | $4,573 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $88,553 |
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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