616- 8 Fieldway Road, Toronto W08
Toronto W08
$549,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX PROFESSIONALS INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
1
Days on Market
1
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
Ideally located boutique Condo is steps to Islington Subway in the heart of The Kingsway. Vibrant neighbourhood offers you a pedestrian life-style close to cafes, restaurants, grocery stores, medical centres, library in this bright & spacious 1 Bedroom with den features 9-foot ceilings and floor-to-ceiling windows with natural light. Recent updates include all new quality laminate thru-out, Dishwasher 2026 & Microwave 2026. Custom Blinds, spacious kitchen & ensuite laundry. Enjoy outdoor living on private & cozy balcony, perfect for sunny morning coffees or evening relaxation. This well managed Condo has a gym, party room & rooftop patio with BBQ's.
MississaugaInvestor.ca
616- 8 Fieldway Road
Condo Apartment · 2bd/1ba · ~650 sqft
$549,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.09%
Monthly Cash Flow
-$2,029/mo
Estimated Rent
$2,000/mo
Cash-on-Cash
-20.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,000 |
| Mortgage | −$2,527 |
| Property Tax | −$435 |
| Insurance | −$225 |
| Condo Fee | −$742 |
| Vacancy (5%) | −$100 |
| Cash Flow | -$2,029/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$24,000 |
| Vacancy (5%) | −$1,200 |
| Property Tax | −$5,216 |
| Insurance | −$2,700 |
| Condo Fee | −$8,904 |
| Annual NOI | $5,980 |
| Cap Rate | 1.09% |
Cash Required to Close
| Down Payment (20%) | $109,800 |
| Ontario Land Transfer Tax | $7,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $120,255 |
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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