911- 556 Marlee Avenue, Toronto W04
Toronto W04
$1,100,000
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
16
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Experience upscale Penthouse living at "The Dylan" in this stunning 2 bedroom + den and 2 full washroom condo. The suite has been upgraded and is carpet-free with bright North Eastern exposure. The open-concept layout features a modern kitchen, spacious living/dining area, and quartz countertop bathrooms. Featuring 843 sq ft of interior living + 642 sq ft of outdoor living on an enormous wrap around terrace!!! The primary suite boasts a private ensuite, while the versatile den is perfect for a home office. Includes dedicated parking space. Steps to Glencairn Station, minutes from Yorkdale Mall, York University, Downsview Park & major highways. A rare opportunity in one of Toronto's most coveted neighbourhoods! **Photos taken prior to current tenant
MississaugaInvestor.ca
911- 556 Marlee Avenue
Condo Apartment · 3bd/2ba · ~850 sqft
$1,100,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.1%
Monthly Cash Flow
-$4,056/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-20.16%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$5,063 |
| Property Tax | −$871 |
| Insurance | −$225 |
| Condo Fee | −$652 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$4,056/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$10,450 |
| Insurance | −$2,700 |
| Condo Fee | −$7,824 |
| Annual NOI | $12,086 |
| Cap Rate | 1.1% |
Cash Required to Close
| Down Payment (20%) | $220,000 |
| Ontario Land Transfer Tax | $18,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,475 |
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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