
908- 11 Superior Avenue, Toronto W06
Toronto W06
$369,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
15
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,500/mo
Estimated from market price-to-rent ratios
Remarks
Originally designed as a one-bedroom suite, this home has been completely reimagined and thoughtfully redesigned to enhance both functionality and style. Custom built-ins redefine the space, creating distinct living areas while introducing exceptional storage solutions throughout. The beautifully updated kitchen features refaced cabinetry in a sophisticated sage green finish, a striking fluted island, and a fluted glass partition that adds architectural interest and separation. Perched on the top floor, enjoy stunning views of Lake Ontario and Mimico's tree canopied streetscape. The sun-filled, tiled balcony offers ample space for custom garden beds, outdoor lounging, or even a personal cold plunge setup. Inside, the custom-paneled living area easily accommodates both comfortable seating and dining, while smart storage solutions maximize every square foot. Additional features include a double-door entry closet, ensuite laundry, a modern three-piece bathroom, custom blackout curtains, and thoughtfully integrated storage throughout. Residents enjoy access to fantastic building amenities, including a rooftop terrace, fitness centre, party room, concierge/security, and visitor parking. Maintenance fees cover most monthly expenses, including heat and water, offering a simple and stress-free ownership experience. Ideally located at the corner of Lake Shore Boulevard West and Superior Avenue, this vibrant neighbourhood boasts a Walk Score of 89, putting waterfront trails, Mimico GO Station, SanRemo Bakery, FBI Pizza, local cafés, parks, and everyday conveniences just steps from your door.
MississaugaInvestor.ca
908- 11 Superior Avenue
Condo Apartment · 1bd/1ba · ~550 sqft
$369,900
Cash-Flow Report · July 31, 2026
Cap Rate
1.54%
Monthly Cash Flow
-$1,227/mo
Estimated Rent
$1,500/mo
Cash-on-Cash
-18.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,500 |
| Mortgage | −$1,703 |
| Property Tax | −$293 |
| Insurance | −$225 |
| Condo Fee | −$431 |
| Vacancy (5%) | −$75 |
| Cash Flow | -$1,227/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,000 |
| Vacancy (5%) | −$900 |
| Property Tax | −$3,514 |
| Insurance | −$2,700 |
| Condo Fee | −$5,172 |
| Annual NOI | $5,714 |
| Cap Rate | 1.54% |
Cash Required to Close
| Down Payment (20%) | $73,980 |
| Ontario Land Transfer Tax | $4,024 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $81,004 |
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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