
1507- 716 The West Mall N/A, Toronto W08
Toronto W08
$549,900
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
1
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,000/mo
Estimated from market price-to-rent ratios
Remarks
Discover refined urban living in this meticulously upgraded condominium, nestled in a quiet, tree-lined pocket. Perfectly located just minutes from Pearson Airport, Centennial Park, Sherway Gardens, top-rated schools, and public transit, with convenient access to Highways 427, 401, and QEW.The home showcases rich white oak engineered hardwood flooring, pot lighting throughout, and graceful crown moulding throughout. The heart of the home is a custom chef's kitchen featuring a dramatic oversized Quartz island with ample storage on both sides and seamless Quartz backsplash. The primary bedroom is exceptionally spacious with custom built-in closets, while the den has been artfully converted into a second bedroom with its own custom-built closet and bespoke finishes. Step outside to a large balcony with composite flooring. Additional luxuries include ensuite laundry, an upgraded electrical panel, brand-new Fan-Coil Unit, and windows replaced in 2016.Enjoy access to premium amenities, including indoor and outdoor pools, tennis and basketball courts, a fitness center, sauna, BBQ areas, party rooms, a guest suite, a children's playground, exterior gazebos and BBQ's, an underground car wash, and beautifully maintained gardens which further enhances the resort-style living experience. One exclusive-use parking space is included. Maintenance fees include hydro, A/C, water, cable television, Crave, HBO, and high-speed Rogers Ignite 1GB internet. An fantastic opportunity for buyers seeking turn-key elegance and effortless convenience. This exceptional condo blends luxury, comfort, and functionality, ideal for those seeking style and serenity. Book your showing today!
MississaugaInvestor.ca
1507- 716 The West Mall N/A
Condo Apartment · 2bd/1ba · ~950 sqft
$549,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.4%
Monthly Cash Flow
-$2,346/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-23.37%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,531 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$1,055 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,346/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,224 |
| Insurance | −$2,700 |
| Condo Fee | −$12,660 |
| Annual NOI | $2,216 |
| Cap Rate | 0.4% |
Cash Required to Close
| Down Payment (20%) | $109,980 |
| Ontario Land Transfer Tax | $7,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,453 |
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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