Yorkdale-Glen Park 1-bed condo at 160 Flemington, steps to subway and Yorkdale Mall
A 478 sq. ft. 1-bedroom condo in Yorkdale-Glen Park priced at $419,900, with parking, locker, and direct access to the subway and Highway 401. Estimated cap rate of 4.22% with positive carry beginning at the 50% down scenario.
Anatoli Chtcherbatov
Analyst · Sutton Group Admiral Realty
List price
$419,900
Cap rate
+4.22%
Est. monthly rent
$2,300
Source: comparables_widened
CF at 50% down
+$250/mo
first positive
Cash-on-cash
+1.35%
at 50% down
The Deal
A 478 sq.
Section · Financial Reality
Five ways to buy. The math, side by side.
Each column shows the actual monthly cash flow and cash-on-cash return at that leverage. Click a column for the full breakdown.
Acquisition
| Down payment | $146,965 |
| Mortgage principal | $272,935 |
| Land transfer tax | $6,299 |
| Closing costs | $6,299 |
| Total acquisition | $159,562 |
Monthly cash flow
| Estimated rent | +$2,300 |
| Operating expenses | -$824 |
| Mortgage payment | -$1,594 |
| Net cash flow | -$118/mo |
Expense breakdown
| Property tax | $0/mo |
| Vacancy allowance | $115/mo |
| Maintenance reserve | $350/mo |
| Insurance | $175/mo |
| Property management | $184/mo |
Math by deterministic Python calculator. Rate 4.99% over 25 years. Rent source: comparables_widened (261 comps).
Breakeven
This property turns cash-flow positive at 39.8% down.
Run your own scenario
Move the assumptions. See the math live.
Live result
All figures are estimates only and do not constitute financial advice. The sliders use the same math as the locked five-scenario calculator; only assumptions change. Total acquisition includes the down payment, land transfer tax ($6,299), and closing costs ($6,299).
Section · Investment Thesis
Why this property.
Unit 416 at 160 Flemington Road is a 478 sq. ft. one-bedroom condo listed at $419,900 in Toronto's Yorkdale-Glen Park neighbourhood. Estimated monthly rent is $2,300 based on a widened comparable set of 261 units, producing gross annual rent of $27,600 and annual NOI of $17,713.50. The estimated cap rate is 4.22% and gross yield is 6.57%, which is competitive for a small Toronto condo with both parking and locker included.
Leverage sensitivity on this unit is material. At 20% down ($83,980), the estimated monthly cash flow is -$485.67 with a cash-on-cash return of -6.03%, reflecting a $1,961.80 monthly mortgage payment at the 4.99% rate used. Moving to 35% down ($146,965) narrows the estimated monthly shortfall to -$117.84 and the cash-on-cash return to -0.89%, near breakeven. At 50% down ($209,950), estimated monthly cash flow turns positive at $250.00 with a 1.35% cash-on-cash return. At 75% down ($314,925), estimated monthly cash flow rises to $863.06 (3.16% cash-on-cash), and an all-cash purchase ($419,900) produces estimated monthly cash flow of $1,476.12 and a 4.10% cash-on-cash return.
The minimum down payment for positive carry under these assumptions is 50%. Investors using minimum-down financing should plan to fund the monthly shortfall from outside capital and underwrite the hold based on Yorkdale-area demand drivers rather than current cash flow. The location is well served by the TTC subway and Highway 401, sits steps from Yorkdale Shopping Centre, and benefits from building amenities including a gym, party room, and two guest suites, supporting tenant demand for a small one-bedroom unit.
Suitable for portfolio builders and cash-heavy buyers seeking a low-ticket Toronto condo with transit-adjacent fundamentals. Given the small footprint and the leverage profile, this is best viewed as a long-hold position where rent growth and amortization, not day-one yield, drive the return at lower down-payment levels.
Key features
- 478 sq. ft. 1-bedroom, 1-bath layout per MPAC
- South-facing views with large windows and balcony
- Stainless steel appliances and in-suite stacked laundry
- 1 parking space and 1 locker included
- Building amenities: gym, party room, 2 guest suites
- Steps to Yorkdale subway station and Yorkdale Shopping Centre
- Direct access to Highway 401
Original MLS description
Welcome To 160 Flemington Road, Unit 416! This Functional 1-Bedroom Condo Offers A 4-Piece Bathroom, 478 Sq. Ft. (As Per MPAC) Of Well-Designed Living Space, Plus A Spacious Balcony Right Off The Living Room. Featuring A Sun-Filled, Open-Concept Layout With Large Windows And South-Facing Views, Creating A Bright And Inviting Feel Throughout. Sleek Kitchen Featuring Stainless Steel Appliances, Backsplash, And A Seamless Connection To The Living Room. The Unit Also Features Stacked In-Suite Laundry, 1 Parking Space, And 1 Locker Unit. Located In A Highly Desirable Neighbourhood With Easy Access To The Subway And Just Steps To Yorkdale Shopping Centre. Enjoy Close Proximity To Restaurants, Highway 401, Public Transit, Nearby Green Space, And Everyday Conveniences. Building Amenities Include: Gym, Party Room, 2 Guest Suites. Paid Visitor Parking. Don't Miss This Opportunity! (42888748)
All photos
35 additional · click any to expand
Section · Neighborhood
Where it sits.
Yorkdale-Glen Park
Yorkdale-Glen Park is a transit-anchored north Toronto neighbourhood centred on Yorkdale Shopping Centre and the Yorkdale TTC subway station on Line 1. The area combines direct subway access, Highway 401 on-ramps, and one of Canada's highest-grossing retail centres, supporting steady tenant demand from young professionals and commuters.
160 Flemington Road sits within walking distance of the subway and Yorkdale Mall, with nearby green space and a broad set of restaurants and services. Ongoing residential intensification along the Allen Road and Yorkdale corridors continues to reinforce the area as a mid-density rental submarket.
Section · Risk
What could go wrong.
Honest framing of unknowns, assumptions, and downside scenarios.
Negative estimated monthly cash flow at 20% and 35% down payment scenarios
High leverage sensitivity: outcome shifts materially between minimum-down and conservative scenarios
Small 478 sq. ft. footprint limits the tenant pool to singles and couples
Rent estimate is based on a widened comparable set of 261 units, not direct in-building comparables
Listing reports $0 property tax and $0 maintenance fee, which is unusual for a Toronto condo and should be verified before closing
No recent sold comparables available for direct price benchmarking