Toronto Condos Are Cash Flow Positive Again (Here’s The Math)
The Math Works Again for Investors:
👉 You can now buy cash-flow positive condos in Toronto.
For the first time in years, Toronto condos are cash-flow neutral (or even slightly positive).
Example:
A 2 Bedroom, 2 Bathroom condo sold at 27 Bathurst in November for $550,000 ( A Building I also own in).
With 20% down, a 3.8% mortgage, plus property taxes and maintenance fees, your carrying costs are approximately $2,750 per month.
Monthly rent on this unit is $2,800.
Now add the wealth building:
Principal Payback Over 5 Years = $43,396
Appreciation 3% Compounded Annually = $137,600
(Note the total value of that condo would be $637,600
Over five years, the increase in equity is $180,000+.
This is exactly how first-time real estate investors build equity and grow their portfolios: buy undervalued, cash-flow positive properties that appreciate over time.
It’s a proven ladder — and one I’ve personally used over 15 years to grow my portfolio to 15 condos, 2 triplexes, and an apartment building in Hamilton worth a combined $15 million.
Want Help Creating Your Strategy?
If you want to talk through:
Buying your first condo
Adding an investment property
Selling or repositioning assets
Building a long-term portfolio
Book a call with Alex - click here
Alexander J. Wilson
#2 Individual RE/MAX Agent for Closed Sales in Canada 2024
#1 Individual RE/MAX Agent for Closed Sales in Canada 2022
Member of RE/MAX Circle of Legends
Broker Owner
RE/MAX Wealth Builders Real Estate
Email: alex@remaxwealth.com
Office: (416) 652-5000
Mobile: (416) 996-5181
If you are moving ANYWHERE in the world - contact me... I know the best agents.