Modern townhouse exterior at 630 Rogers Rd #21, Toronto

Investment Opportunity

Investment Opportunity: 630 Rogers Rd #21, Toronto

A turnkey rental property in a high-demand Toronto neighbourhood

List Price $615,000
Bedrooms 2 Bed
Bathrooms 1 Bath
Potential Rent $2,420–$2,600/mo

Financial Analysis

Rental Income Analysis

Based on a purchase price of $615,000 with 20% down ($123,000), a 5-year fixed mortgage rate of 4.5%, 25-year amortization. Rent estimated at $2,500/month (midpoint of $2,420–$2,600 range).

Monthly Income

Gross Rent $2,500

Total Monthly Income

$2,500

Monthly Expenses

Mortgage Payment $2,747
Property Taxes $186 ($2,232/yr)
Condo/Maintenance Fees $392 (incl. water)
Hot Water Tank Rental $50 (Enercare)
Property Insurance ~$80 (estimate)
Vacancy Allowance (5%) $125

Total Monthly Expenses

$3,580

Monthly Cash Flow

−$1,080

While the monthly cash flow is negative with a mortgage, the real wealth-building happens through equity buildup and appreciation — see the long-term projection below.

Year 1 Projection

Annual Wealth Buildup

Total Rent Collected

$30,000

Principal Paydown (Your Equity)

$10,500

Estimated Appreciation (3.5%)

$21,525

Total Annual Return

$32,025

Cash Invested

$135,960

Down payment + negative cash flow

Return on Investment (ROI)

~23.6%

Year 1 total return on cash invested

These are estimates based on reasonable assumptions. Actual returns will vary.

Long-Term Outlook

5-Year Projection

Year 1

Equity Built$10,500
Property Value$636,525
Cumulative Return$32,025

Year 2

Equity Built$21,600
Property Value$658,804
Cumulative Return$65,904

Year 3

Equity Built$33,400
Property Value$681,862
Cumulative Return$101,262

Year 4

Equity Built$45,900
Property Value$705,727
Cumulative Return$138,227

Year 5

Equity Built$59,200
Property Value$730,427
Cumulative Return$176,927

Your $123,000 down payment grows to approximately $176,927 in total return over 5 years.

Assumes 3.5% annual appreciation.

Learn the Lingo

Investment Glossary

Cash Flow

The difference between rental income and all expenses. Positive cash flow means money in your pocket each month; negative means you're subsidizing the property — but you're still building equity.

ROI (Return on Investment)

Your total return expressed as a percentage of what you invested. A 23.6% ROI means you earned $23.60 for every $100 invested in Year 1.

Capital Gains

The increase in your property's value over time. When you sell, this profit (minus your adjusted cost base) is what you keep — and in Canada, the principal residence exemption may apply if you live there at some point.

Equity Buildup

The portion of each mortgage payment that goes toward reducing your loan balance. Unlike rent, this money isn't spent — it's converted into ownership of your home.

Cap Rate (Capitalization Rate)

Net operating income divided by the property price. A higher cap rate generally indicates a better investment return relative to the purchase price.

Investor Advantages

Why This Property Works for Investors

630 Rogers Rd #21 isn't just a great first home — it's a smart rental investment in one of Toronto's most accessible neighbourhoods. Here's what makes it stand out.

Move-in Ready

No renovation costs — new flooring, modern kitchen, quartz countertops. tenants can move in immediately.

Tenant-Pays Utilities

Gas, electricity, and internet are the tenant's responsibility — keeping your operating costs predictable.

Low Maintenance

Stack townhouse design means lower exterior and roof maintenance costs compared to detached homes.

High Rental Demand

Steps from transit, shops, parks, and major highways — a strong and consistent tenant pool in this area.

Built in 2019

Modern construction with remaining warranty coverage — fewer surprise repair bills in the early years.

In-Unit Laundry

A major convenience factor that attracts quality tenants and supports premium rent positioning.

Modern white kitchen with quartz countertops and gold hardware at 630 Rogers Rd #21
Townhouse complex exterior at twilight

Interested?

Ready to explore this investment?

Whether you're a seasoned investor or purchasing your first rental property, Tory can walk you through the numbers, the process, and the opportunity. Reach out for a detailed investment brief.

Tory Akene working on a laptop in a bright office

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This analysis is for informational purposes only and does not constitute financial or investment advice. Consult a licensed financial advisor or mortgage professional before making investment decisions. All projections are estimates based on current market assumptions and may not reflect actual future performance.