
814- 50 Lotherton Parkway, Toronto W04
Toronto W04
$399,900
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
21
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 home features a functional living and dining area with large windows and beautiful east-facing views, creating the perfect setting for both everyday living and entertaining.The updated eat-in kitchen offers a bright breakfast area, while four generously sized bedrooms provide exceptional space, comfort, and ample storage-ideal for growing families, multi-generational living, or those working from home. Enjoy the convenience of in-suite laundry, a well-maintained move-in-ready interior, and one underground parking space.Exceptional value with all utilities included in the maintenance fees-heat, hydro, and water-for truly worry-free living.amenities, including an indoor swimming pool, tennis court, basketball court, party room, and 24-hour security.Ideally situated just minutes from Walmart, Home Depot, Tim Hortons, Yorkdale Shopping Centre, Highways 401 and 400, excellent schools, parks, public transit, Lawrence West Subway Station, Glencairn Subway Station, and the future Eglinton-Caledonia transit hub, this location offers outstanding convenience with everything you need close by.Whether you're a first-time buyer, a growing family, or an investor, this is a rare opportunity to own a spacious 4-bedroom condo in a prime Toronto location. Why rent when you can own this exceptional home?
MississaugaInvestor.ca
814- 50 Lotherton Parkway
Condo Apartment · 4bd/1ba · ~850 sqft
$399,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.55%
Monthly Cash Flow
-$993/mo
Estimated Rent
$2,450/mo
Cash-on-Cash
-13.63%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,450 |
| Mortgage | −$1,841 |
| Property Tax | −$317 |
| Insurance | −$225 |
| Condo Fee | −$937 |
| Vacancy (5%) | −$123 |
| Cash Flow | -$993/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$29,400 |
| Vacancy (5%) | −$1,470 |
| Property Tax | −$3,799 |
| Insurance | −$2,700 |
| Condo Fee | −$11,244 |
| Annual NOI | $10,187 |
| Cap Rate | 2.55% |
Cash Required to Close
| Down Payment (20%) | $79,980 |
| Ontario Land Transfer Tax | $4,474 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $87,454 |
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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