405- 16 Brookers Lane, Toronto W06
Toronto W06
$489,000
Cash flow, cap rate & mortgage breakdown
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Listed by WESTVIEW REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
7
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,600/mo
Estimated from market price-to-rent ratios
Remarks
Wow! Not your ordinary one bedroom unit. If you are looking for something special & unique in a one bedroom condo, look no further! This upgraded corner unit features a rare oversized terrace (Over 1300 Sqft). Customize your expansive outdoor living space & comfortably host friends & family get togethers. A welcoming builder Modified floorplan that allows for you to comfortably furnish your interior space, allowing for a kitchen island should you prefer. As well as a customized area for your dining table. Upgraded kitchen that features a stunning counter to ceiling granite backsplash with wall mounted TV, & Large pantry off to the side with plenty of storage space. The bedroom is nestled in the corner of the unit surrounded by floor to ceiling windows with walk-out to the large private terrace. You will look forward to coming home here. Building offers best of amenities, indoor pool, full gym, BBQ rooftop terrace, party room, theatre room & more. Located in a fantastic waterfront community in Humber Bay, with miles of walking and biking paths along the lake, local restaurants, coffee shops & many more amenities. Rabba and coffee shop at base of the building. Includes parking spot & storage locker. * See Virtual Tour*
MississaugaInvestor.ca
405- 16 Brookers Lane
Condo Apartment · 1bd/1ba · ~550 sqft
$489,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.76%
Monthly Cash Flow
-$1,943/mo
Estimated Rent
$1,600/mo
Cash-on-Cash
-21.78%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,600 |
| Mortgage | −$2,251 |
| Property Tax | −$387 |
| Insurance | −$225 |
| Condo Fee | −$600 |
| Vacancy (5%) | −$80 |
| Cash Flow | -$1,943/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$19,200 |
| Vacancy (5%) | −$960 |
| Property Tax | −$4,646 |
| Insurance | −$2,700 |
| Condo Fee | −$7,200 |
| Annual NOI | $3,694 |
| Cap Rate | 0.76% |
Cash Required to Close
| Down Payment (20%) | $97,800 |
| Ontario Land Transfer Tax | $6,255 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $107,055 |
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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