707- 50 George Butchart Drive, Toronto W05
Toronto W05
$595,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
13
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,050/mo
Estimated from market price-to-rent ratios
Remarks
Now Is Your Chance To Own In The Vibrant Downsview Park Community At An Incredible Value Of Just $800/SQFT! This 2-Bedroom, 2-Bathroom Suite Features A Modern Open-Concept Layout, A Stylish Kitchen With Stainless Steel Appliances, And Premium Finishes Throughout. Enjoy Two Private Balconies Offering Unobstructed Views Of The Toronto Skyline And The Downsview Park Pond. This Unit Also Includes An OVERSIZED Underground Parking Space - A Rare And Valuable Feature. Residents Enjoy An Exceptional Collection Of Amenities, Including A Fully Equipped Fitness Centre With Yoga Studio, 24-Hour Concierge, Indoor And Outdoor Party Rooms, BBQ Area, And Dedicated Study/Co-Working Spaces. Located Within Walking Distance To Public Transit, Parks, Walking And Cycling Trails, And Just A 10-Minute Drive To Yorkdale Shopping Centre, York University, Costco, Walmart, And A Wide Selection Of Restaurants And Everyday Conveniences. Don't Miss This Opportunity To Own A Brand-New Home In One Of Toronto's Fastest-Growing Communities!
MississaugaInvestor.ca
707- 50 George Butchart Drive
Condo Apartment · 2bd/2ba · ~750 sqft
$595,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.23%
Monthly Cash Flow
-$2,128/mo
Estimated Rent
$2,050/mo
Cash-on-Cash
-19.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,050 |
| Mortgage | −$2,739 |
| Property Tax | −$471 |
| Insurance | −$225 |
| Condo Fee | −$640 |
| Vacancy (5%) | −$103 |
| Cash Flow | -$2,128/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,600 |
| Vacancy (5%) | −$1,230 |
| Property Tax | −$5,653 |
| Insurance | −$2,700 |
| Condo Fee | −$7,680 |
| Annual NOI | $7,337 |
| Cap Rate | 1.23% |
Cash Required to Close
| Down Payment (20%) | $119,000 |
| Ontario Land Transfer Tax | $8,375 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $130,375 |
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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