
901- 17 Zorra Street, Toronto W08
Toronto W08
$425,000
Cash flow, cap rate & mortgage breakdown
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Listed by LOYALTY REAL ESTATE
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
1
Bathrooms
1
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$1,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this bright and inviting one-bedroom condominium, offering an excellent opportunity for first-time home buyers, downsizers, and savvy investors in a highly desirable Etobicoke neighbourhood. This well-maintained suite has been thoughtfully refreshed with brand-new flooring throughout the entrance, kitchen, and living area (July 2026), freshly painted walls with new trim, and new cabinetry beneath the kitchen sink, creating a clean, modern feel. Residents enjoy an exceptional array of building amenities, including a fitness centre, indoor pool, theatre room, music room, rooftop terrace with BBQ area, and ample visitor parking. Ideally located within walking distance to grocery stores, banks, restaurants, parks, and everyday conveniences, with easy access to public transit and major highways, this home perfectly blends comfort, convenience, and low-maintenance living.
MississaugaInvestor.ca
901- 17 Zorra Street
Condo Apartment · 1bd/1ba · ~550 sqft
$425,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.26%
Monthly Cash Flow
-$1,511/mo
Estimated Rent
$1,550/mo
Cash-on-Cash
-19.5%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,550 |
| Mortgage | −$1,956 |
| Property Tax | −$337 |
| Insurance | −$225 |
| Condo Fee | −$465 |
| Vacancy (5%) | −$78 |
| Cash Flow | -$1,511/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$18,600 |
| Vacancy (5%) | −$930 |
| Property Tax | −$4,038 |
| Insurance | −$2,700 |
| Condo Fee | −$5,580 |
| Annual NOI | $5,352 |
| Cap Rate | 1.26% |
Cash Required to Close
| Down Payment (20%) | $85,000 |
| Ontario Land Transfer Tax | $4,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $92,975 |
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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