
1502- 88 Park Lawn Road, Toronto W06
Toronto W06
$499,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PROFESSIONALS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to South Beach Condos, ideally situated in the highly sought-after Humber Bay Shores. This fabulous 1-bedroom, 1-bath suite offers 508 sq. ft. of thoughtfully designed living space plus a 60 sq. ft. balcony with breathtaking, unobstructed west views over the conservation lands. Enjoy a rare lifetime view and mesmerizing sunsets as the sky lights up directly from your private balcony each evening. Freshly painted and maintained in fantastic condition, this warm and inviting suite features a highly functional layout, abundant natural light, pot lights, a center island and sleek stainless steel, high-end European appliances. South Beach makes an unforgettable first impression with its private entrance, striking waterfall feature, elegant Carrara marble finishes and magnificent Murano chandeliers imported from Italy, creating one of Toronto's most lavish condominium lobbies. Residents enjoy exceptional five-star amenities, including a state-of-the-art fitness center, basketball and squash courts, indoor and outdoor pools, a newly renovated party room, a lounge with pool tables, an 18-seat theatre, two guest suites and ample visitor parking. 24/7 Concierge & Security services for your peace of mind. Perfectly situated in the heart of Humber Bay Shores, one of Toronto's most sought-after waterfront communities, you are steps to Metro, Sobeys, Shoppers Drug Mart, LCBO, cafés, restaurants, TTC, major highways, the seasonal farmer's market, waterfront trails and Mimico Cruising Club Marina. Take an evening stroll along the lake after dinner and enjoy everything this vibrant neighbourhood has to offer. Includes one parking space and one locker. A wonderful place to call home in a truly fabulous community.
MississaugaInvestor.ca
1502- 88 Park Lawn Road
Condo Apartment · 1bd/1ba · ~550 sqft
$499,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.08%
Monthly Cash Flow
-$1,849/mo
Estimated Rent
$1,650/mo
Cash-on-Cash
-20.31%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,650 |
| Mortgage | −$2,297 |
| Property Tax | −$395 |
| Insurance | −$225 |
| Condo Fee | −$499 |
| Vacancy (5%) | −$83 |
| Cash Flow | -$1,849/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,800 |
| Vacancy (5%) | −$990 |
| Property Tax | −$4,741 |
| Insurance | −$2,700 |
| Condo Fee | −$5,988 |
| Annual NOI | $5,381 |
| Cap Rate | 1.08% |
Cash Required to Close
| Down Payment (20%) | $99,800 |
| Ontario Land Transfer Tax | $6,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $109,255 |
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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