430- 80 Marine Parade Drive, Toronto W06
Toronto W06
$570,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE REALTY
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
$1,700/mo
Estimated from market price-to-rent ratios
Remarks
Discover lakeside living in this luxurious condo, well maintained one-bedroom, one-bath condominium located in the heart of Mimico. This bright and spacious suite features floor-to-ceiling windows and a generous L-shaped balcony with breathtaking views of the lake.Enjoy the tranquility of waterfront living with direct access to the shoreline and the scenic Waterfront Trail, perfect for walking, jogging, or cycling. Residents have access to premium building amenities, including an indoor swimming pool, and rooftop terrace. One underground parking space and one locker are included.
MississaugaInvestor.ca
430- 80 Marine Parade Drive
Condo Apartment · 1bd/1ba · ~550 sqft
$570,000
Cash-Flow Report · July 31, 2026
Cap Rate
-133.25%
Monthly Cash Flow
-$65,917/mo
Estimated Rent
$1,700/mo
Cash-on-Cash
-633.44%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$1,700 |
| Mortgage | −$2,624 |
| Property Tax | −$451 |
| Insurance | −$225 |
| Condo Fee | −$64,232 |
| Vacancy (5%) | −$85 |
| Cash Flow | -$65,917/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$20,400 |
| Vacancy (5%) | −$1,020 |
| Property Tax | −$5,415 |
| Insurance | −$2,700 |
| Condo Fee | −$770,784 |
| Annual NOI | $-759,519 |
| Cap Rate | -133.25% |
Cash Required to Close
| Down Payment (20%) | $114,000 |
| Ontario Land Transfer Tax | $7,875 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $124,875 |
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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