
502- 45 Southport Street, Toronto W01
Toronto W01
$549,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
2
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
Welcome to Grenadier Gardens, one of West Toronto's most established and sought-after condominium communities. This spacious 2 Bedroom, 1.5 Bathroom suite offers a functional layout with generous principal rooms and a large west-facing balcony-perfect for enjoying afternoon sunshine and spectacular sunsets. Bright living and dining spaces, ensuite laundry, a recently installed air-conditioning heat pump, plus the convenience of 1 parking space and 1 locker make this an ideal place to call home.Residents enjoy an outstanding collection of amenities including indoor and outdoor swimming pools, a fitness centre, sauna, concierge, party and games rooms, bike storage, visitor parking, and beautifully landscaped grounds. Known for its larger-than-average suites and exceptional management, Grenadier Gardens offers comfort, convenience, and lasting value.Ideally located in the heart of Swansea, you're surrounded by some of Toronto's best parks and green spaces, including High Park, the Humber River trails, and the Martin Goodman Trail along the waterfront. Walk to the renowned Cheese Boutique, Bloor West Village, cafés, restaurants, grocery stores, and everyday conveniences, while enjoying quick access to TTC, the Gardiner Expressway, Highway 427, and downtown Toronto. An exceptional opportunity for first-time buyers, downsizers, or anyone looking for a spacious home in a well-established West Toronto community. Fees include all utilities.
MississaugaInvestor.ca
502- 45 Southport Street
Condo Apartment · 2bd/2ba · ~950 sqft
$549,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.71%
Monthly Cash Flow
-$2,204/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-21.96%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,531 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$913 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,204/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,224 |
| Insurance | −$2,700 |
| Condo Fee | −$10,956 |
| Annual NOI | $3,920 |
| Cap Rate | 0.71% |
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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