{"id":78813,"date":"2026-08-31T03:27:29","date_gmt":"2026-08-31T03:27:29","guid":{"rendered":"http:\/\/bangla.sitestree.com\/?p=78813"},"modified":"2026-08-31T03:27:30","modified_gmt":"2026-08-31T03:27:30","slug":"10-ontario-condos-under-100000-with-positive-cash-flow-potential","status":"publish","type":"post","link":"http:\/\/bangla.sitestree.com\/?p=78813","title":{"rendered":"10 Ontario Condos Under $100,000 With Positive Cash-Flow Potential"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\">10 Ontario Condos Under $100,000 With Positive Cash-Flow Potential Ref: AI Tools as is<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Current listings and rental comparisons reviewed August 30, 2026<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Finding real estate in Ontario for less than $100,000 sounds almost impossible. In Toronto, the price would not ordinarily buy even a conventional residential condo parking space in many buildings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yet a small segment of the market still exists below the $100,000 threshold.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The catch is that investors have to look beyond conventional GTA residential condos. Current opportunities fall primarily into two categories:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Residential condos in lower-cost Ontario cities<\/strong>, particularly Chatham and Elliot Lake; and <strong>small titled commercial condominium units<\/strong>, often located inside indoor shopping centres.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This ranking excludes businesses-for-sale, leased businesses, parking spaces, mobile homes, land-lease cottages, timeshares and fractional resort interests. The buyer must acquire an actual condominium real-estate interest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">How the rankings were calculated<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For comparison, the following simplified all-cash screening calculation is used:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Annual rental surplus = annual rent \u2212 annual condo fees \u2212 annual property tax<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Screening return = annual rental surplus \u00f7 asking price<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is deliberately <strong>not called a cap rate<\/strong>, because it does not account for every operating expense.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Insurance, repairs, vacancy, leasing costs, legal costs, utilities payable by the owner, income tax, HST, closing costs and special assessments can reduce the actual return.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Where an exact current or recent rent for the particular unit was available, it was used. Otherwise, rent was estimated from current nearby or same-building rental listings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Top 10 Ontario Condo Cash-Flow Candidates Under $100,000<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Rank<\/th><th>Property<\/th><th>Type<\/th><th>Asking Price<\/th><th>Size<\/th><th>Approx. Rent<\/th><th>Condo Fee<\/th><th>Property Tax<\/th><th>Approx. Annual Surplus*<\/th><th>Screening Return*<\/th><\/tr><\/thead><tbody><tr><td><strong>1<\/strong><\/td><td><strong>212-276 Merritt Ave, Chatham<\/strong><\/td><td>Residential apartment condo<\/td><td><strong>$84,900<\/strong><\/td><td>600\u2013699 sq. ft., 1-bed<\/td><td><strong>~$1,250\/mo<\/strong><\/td><td><strong>$426.91\/mo<\/strong><\/td><td><strong>$910\/yr<\/strong><\/td><td><strong>~$8,967<\/strong><\/td><td><strong>~10.6%<\/strong><\/td><\/tr><tr><td><strong>2<\/strong><\/td><td><strong>306-276 Merritt Ave, Chatham<\/strong><\/td><td>Residential apartment condo<\/td><td><strong>$99,900<\/strong><\/td><td>600\u2013699 sq. ft., 1-bed<\/td><td><strong>~$1,250\/mo<\/strong><\/td><td><strong>$422.84\/mo<\/strong><\/td><td><strong>$933\/yr<\/strong><\/td><td><strong>~$8,993<\/strong><\/td><td><strong>~9.0%<\/strong><\/td><\/tr><tr><td><strong>3<\/strong><\/td><td><strong>9-102 Hutchison Ave, Elliot Lake<\/strong><\/td><td>Residential apartment condo<\/td><td><strong>$79,900<\/strong><\/td><td>2-bed<\/td><td><strong>~$1,200\/mo<\/strong><\/td><td><strong>$562\/mo<\/strong><\/td><td><strong>$922\/yr<\/strong><\/td><td><strong>~$6,734<\/strong><\/td><td><strong>~8.4%<\/strong><\/td><\/tr><tr><td><strong>4<\/strong><\/td><td><strong>2C6-4675 Steeles Ave E, Toronto<\/strong><\/td><td>Commercial condo inside Splendid China Mall<\/td><td><strong>$45,900<\/strong><\/td><td>136 sq. ft.<\/td><td><strong>~$750\/mo<\/strong><\/td><td><strong>$408\/mo<\/strong><\/td><td><strong>$939\/yr<\/strong><\/td><td><strong>~$3,165<\/strong><\/td><td><strong>~6.9%<\/strong><\/td><\/tr><tr><td><strong>5<\/strong><\/td><td><strong>2C8-4675 Steeles Ave E, Toronto<\/strong><\/td><td>Commercial condo inside Splendid China Mall<\/td><td><strong>$49,900<\/strong><\/td><td>136 sq. ft.<\/td><td><strong>~$750\/mo<\/strong><\/td><td><strong>$408\/mo<\/strong><\/td><td><strong>$963\/yr<\/strong><\/td><td><strong>~$3,141<\/strong><\/td><td><strong>~6.3%<\/strong><\/td><\/tr><tr><td><strong>6<\/strong><\/td><td><strong>2A13 &amp; 2A15-4675 Steeles Ave E, Toronto<\/strong><\/td><td>Combined commercial condos inside mall<\/td><td><strong>$50,000<\/strong><\/td><td>256 sq. ft.<\/td><td><strong>$1,250\/mo asking<\/strong><\/td><td><strong>$828.76\/mo<\/strong><\/td><td><strong>$2,311\/yr<\/strong><\/td><td><strong>~$2,744<\/strong><\/td><td><strong>~5.5%<\/strong><\/td><\/tr><tr><td><strong>7<\/strong><\/td><td><strong>M8-8 Glen Watford Dr, Toronto<\/strong><\/td><td>Commercial condo inside Dynasty Centre<\/td><td><strong>$49,000<\/strong><\/td><td>203 total \/ ~144 retail sq. ft.<\/td><td><strong>$650\/mo exact recent asking rent<\/strong><\/td><td><strong>$360.82\/mo<\/strong><\/td><td><strong>$1,296\/yr<\/strong><\/td><td><strong>~$2,174<\/strong><\/td><td><strong>~4.4%<\/strong><\/td><\/tr><tr><td><strong>8<\/strong><\/td><td><strong>104-199 Front St, Belleville<\/strong><\/td><td>Ground-floor commercial condo<\/td><td><strong>$69,900<\/strong><\/td><td>966 sq. ft.<\/td><td><strong>$24,150\/yr existing lease<\/strong><\/td><td><strong>$15,408\/yr common fees<\/strong><\/td><td><strong>$6,369\/yr<\/strong><\/td><td><strong>~$2,373<\/strong><\/td><td><strong>~3.4%<\/strong><\/td><\/tr><tr><td><strong>9<\/strong><\/td><td><strong>3103-4438 Sheppard Ave E, Toronto<\/strong><\/td><td>Commercial condo inside Oriental Centre<\/td><td><strong>$50,000<\/strong><\/td><td>368 sq. ft.<\/td><td><strong>$650\/mo exact asking rent<\/strong><\/td><td><strong>$387\/mo<\/strong><\/td><td><strong>$1,970\/yr<\/strong><\/td><td><strong>~$1,186<\/strong><\/td><td><strong>~2.4%<\/strong><\/td><\/tr><tr><td><strong>10<\/strong><\/td><td><strong>2D22\/23-4675 Steeles Ave E, Toronto<\/strong><\/td><td>Combined commercial condo inside mall<\/td><td><strong>$60,000<\/strong><\/td><td>184 sq. ft.<\/td><td><strong>~$800\/mo estimated<\/strong><\/td><td><strong>$595\/mo<\/strong><\/td><td><strong>$1,500\/yr<\/strong><\/td><td><strong>~$960<\/strong><\/td><td><strong>~1.6%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">*Before insurance, vacancy, repairs, utilities not included in fees, leasing expenses, income tax, financing and transaction costs.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#1 \u2014 212-276 Merritt Avenue, Chatham<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $84,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This may be the most interesting conventional residential condo currently available below $100,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unit is a genuine <strong>one-bedroom condo apartment<\/strong>, approximately 600\u2013699 square feet, with one parking space. The listing reports a monthly maintenance fee of approximately <strong>$426.91<\/strong> and annual property tax of approximately <strong>$910<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Current one-bedroom apartment listings in Chatham include examples around $1,249, $1,250, $1,265, $1,295, $1,330 and higher. Using <strong>$1,250\/month<\/strong> as a conservative screening rent therefore appears reasonable, although the actual achievable rent for this particular unit must be verified.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated calculation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rental income:<\/strong> $15,000\/year<br><strong>Condo fees:<\/strong> \u2212$5,123<br><strong>Property tax:<\/strong> \u2212$910<br><strong>Surplus:<\/strong> approximately <strong>$8,967\/year<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That represents approximately <strong>10.6% of the $84,900 purchase price<\/strong> before the other costs mentioned above.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why it ranks first<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Unlike many properties on this list, this is a normal residential apartment rather than specialized commercial space. That potentially means a much larger tenant pool and more conventional resale market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The major due-diligence items would be the condominium&#8217;s financial condition, reserve fund, special-assessment history and whether the corporation has any restrictions affecting rentals.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#2 \u2014 306-276 Merritt Avenue, Chatham<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $99,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This unit is in the same building as the #1 property.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is another <strong>one-bedroom, 600\u2013699-square-foot residential apartment condo<\/strong>, with approximately <strong>$422.84\u2013$423\/month in maintenance fees<\/strong> and roughly <strong>$933\/year in property tax<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using the same conservative <strong>$1,250\/month<\/strong> rent estimate:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rental income:<\/strong> $15,000<br><strong>Condo fees:<\/strong> \u2212$5,074<br><strong>Property tax:<\/strong> \u2212$933<br><strong>Surplus:<\/strong> approximately <strong>$8,993\/year<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That produces an estimated <strong>9.0% screening return<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Interestingly, the annual surplus is slightly higher than Unit 212 because of its marginally lower condo fee. However, the purchase price is $15,000 higher, which pushes its percentage return below Unit 212.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#3 \u2014 9-102 Hutchison Avenue, Elliot Lake<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $79,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is another true residential condominium and offers <strong>two bedrooms rather than one<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The listing states that its <strong>$562 monthly condominium fee includes heat, city water and sewer, assigned parking and private storage<\/strong>. Annual 2026 property tax is approximately <strong>$922<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Current Elliot Lake two-bedroom rentals include approximately:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>$1,125\/month<\/strong> for an 800-square-foot apartment and <strong>$1,295\/month<\/strong> for another 800-square-foot apartment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using <strong>$1,200\/month<\/strong> for screening:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Rental income:<\/strong> $14,400<br><strong>Condo fees:<\/strong> \u2212$6,744<br><strong>Property tax:<\/strong> \u2212$922<br><strong>Surplus:<\/strong> approximately <strong>$6,734<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated screening return:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8.4%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One advantage is that several significant utilities are already included in the condominium fee. The downside is that Elliot Lake is a much smaller rental and resale market than southern Ontario cities.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#4 \u2014 2C6, 4675 Steeles Avenue East, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $45,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is where the list changes from residential condominiums to <strong>commercial condominium ownership<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Unit 2C6 is a 136-square-foot commercial condo inside <strong>Splendid China Mall<\/strong>, near Kennedy Road and Steeles Avenue and close to Milliken GO and Pacific Mall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is actual commercial real estate, not the purchase of a business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The property has:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Price:<\/strong> $45,900<br><strong>Condo fee:<\/strong> $408\/month<br><strong>Property tax:<\/strong> $939\/year<br><strong>Size:<\/strong> 136 square feet<br><strong>HST:<\/strong> listed as additional.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Current rental advertisements within the same mall vary considerably. A 127-square-foot unit has been advertised at <strong>$1,000\/month<\/strong>, while an older 201-square-foot unit has been advertised at $538\/month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A conservative <strong>$750\/month<\/strong> screening estimate gives:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$9,000 rent<br>\u2212 $4,896 condo fees<br>\u2212 $939 taxes<br>= <strong>$3,165<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That equals approximately <strong>6.9%<\/strong> of the asking price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rental estimate is not an existing lease on 2C6, so this return has considerably less certainty than the Chatham properties.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#5 \u2014 2C8, 4675 Steeles Avenue East, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $49,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The neighbouring 2C8 is also <strong>136 square feet<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its major advantage is that the listing shows <strong>occupant type: tenant<\/strong>, and the unit has a <strong>water supply inside<\/strong>. The listing reports:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Condo fee:<\/strong> $408\/month<br><strong>Property tax:<\/strong> $963\/year<br><strong>Price:<\/strong> $49,900.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At an estimated $750\/month rent:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$9,000 rental income<br>\u2212 $4,896 fees<br>\u2212 $963 tax<br>= <strong>$3,141<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated return: <strong>6.3%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, an investor should obtain the actual existing lease before relying on this calculation. If the current tenant is already paying significantly more or less than $750, the economics change immediately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The existing tenant and in-unit plumbing arguably make 2C8 operationally more attractive than the slightly cheaper 2C6.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#6 \u2014 2A13 &amp; 2A15, 4675 Steeles Avenue East, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $50,000<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is a combined <strong>256-square-foot commercial condominium<\/strong> inside Splendid China Mall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It demonstrates an important lesson about inexpensive commercial condos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The exact unit has been advertised for lease at <strong>$1,250\/month<\/strong>, which sounds excellent relative to a $50,000 purchase price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But its recurring expenses are substantial:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Condo fee:<\/strong> $828.76\/month<br><strong>Property tax:<\/strong> approximately $2,311\/year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Calculation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$15,000 rent<br>\u2212 $9,945 condo fees<br>\u2212 $2,311 property tax<br>= approximately <strong>$2,744<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated return:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5.5%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">More than two-thirds of the advertised rent disappears into condo fees and property taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is why investors should never rank cheap commercial condos by purchase price or gross rent alone.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#7 \u2014 M8, 8 Glen Watford Drive, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $49,000<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">M8 is inside <strong>Dynasty Centre<\/strong> near Midland and Sheppard in Scarborough.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unit contains approximately <strong>144 square feet of retail area and 203 square feet total<\/strong>, including associated space, and comes with use of a basement locker.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It has:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Condo fee:<\/strong> $360.82\/month<br><strong>Property tax:<\/strong> $1,296\/year<br><strong>No water supply inside the unit.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The particularly useful data point here is that <strong>the exact M8 unit has been advertised for $650\/month rent<\/strong>. That rental listing states that the landlord pays the condo fee and property tax and the tenant pays hydro.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Calculation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$7,800 rent<br>\u2212 $4,330 condo fees<br>\u2212 $1,296 tax<br>= <strong>$2,174<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated return:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4.4%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is a lower return than the headline $49,000 price might suggest, but its figures are more credible than properties whose rent must be estimated.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#8 \u2014 Unit 104, 199 Front Street, Belleville<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $69,900<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This property is interesting because much less estimation is required.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is a <strong>966-square-foot ground-floor commercial condominium in downtown Belleville<\/strong>, with direct access from Bridge Street.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">More importantly, it already has a <strong>boutique restaurant tenant whose lease extends through the end of 2026<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The listing provides actual financial figures:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2026 rent:<\/strong> $24,150<br><strong>2026 common fees:<\/strong> $15,408<br><strong>2025 property taxes:<\/strong> $6,369.12.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Calculation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$24,150<br>\u2212 $15,408<br>\u2212 $6,369<br>= approximately <strong>$2,373<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated return on $69,900:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3.4%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The percentage return is not spectacular, but having an existing tenant and known rental revenue makes this much easier to analyze than a vacant commercial condo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The key issue is what happens when the current lease ends.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#9 \u2014 Unit 3103, 4438 Sheppard Avenue East, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $50,000<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is a <strong>368-square-foot commercial condo inside Oriental Centre<\/strong> at Sheppard and Brimley in Scarborough.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The sale listing reports:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Price:<\/strong> $50,000<br><strong>Property tax:<\/strong> $1,970\/year<br><strong>Commercial condo fee:<\/strong> $387\/month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Conveniently, the exact same unit is also currently advertised for rent for <strong>$650\/month<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Calculation:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$7,800 rent<br>\u2212 $4,644 condo fees<br>\u2212 $1,970 tax<br>= <strong>$1,186<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Screening return:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2.4%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That return is thin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once vacancy and insurance are included, there is very little margin for error. The property may still appeal to an owner-user who wants to own rather than rent business premises, but it is considerably less compelling as a passive investment.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\">#10 \u2014 2D22\/23, 4675 Steeles Avenue East, Toronto<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Asking price: $60,000<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is a combined <strong>184-square-foot commercial condo<\/strong> in a corner location inside Splendid China Mall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The unit is professionally finished with office furniture, shelving and built-in cabinets.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The listing reports:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Price:<\/strong> $60,000<br><strong>Property tax:<\/strong> $1,500\/year<br><strong>Condo fee:<\/strong> $595\/month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Using approximately <strong>$800\/month<\/strong> as a screening rental estimate based on the wide range of small-unit rents currently advertised in the complex:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">$9,600 rent<br>\u2212 $7,140 condo fees<br>\u2212 $1,500 tax<br>= <strong>$960<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Estimated return:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1.6%<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is technically positive under the simplified calculation but should be considered <strong>borderline rather than an attractive cash-flow property<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A small amount of vacancy, insurance expense or an unexpected repair could eliminate the annual profit.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h1 class=\"wp-block-heading\">The Residential-Condo Surprise<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Perhaps the most interesting finding from this search is that the <strong>three residential condos rank above nearly all of the very inexpensive Toronto commercial condos<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That happens because a $50,000 commercial condo is not necessarily cheap to operate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consider these two examples:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Chatham residential condo<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Purchase: $84,900<br>Rent: approximately $1,250<br>Condo fee: approximately $427<br>Property tax: approximately $76\/month<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The owner retains a substantial portion of gross rent.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Toronto mall commercial condo<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Purchase: $50,000<br>Rent: $650<br>Condo fee: $387<br>Property tax: approximately $164\/month<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Almost the entire rent disappears before insurance or vacancy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The purchase price alone therefore tells an investor very little.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Why There Aren&#8217;t 10 Normal Residential Condos Under $100,000<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">A current Ontario search does produce many apparent \u201ccondos\u201d below $100,000, but a closer examination reveals numerous listings that are actually:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>parking spaces;<\/li>\n\n\n\n<li>fractional resort interests;<\/li>\n\n\n\n<li>fixed-week timeshares;<\/li>\n\n\n\n<li>mobile or trailer homes;<\/li>\n\n\n\n<li>leased-land cottages;<\/li>\n\n\n\n<li>co-ownership interests rather than standard condominium title.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For example, current searches under $100,000 contain numerous Collingwood and Muskoka fractional-resort listings rather than conventional apartments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Those were deliberately excluded from this ranking.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is why an apparently simple internet search for \u201cOntario condos under $100,000\u201d can produce a misleading picture of the market.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">What Positive Cash Flow Really Means<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">The table above uses a first-stage screening calculation. A property should not be declared a genuinely positive-cash-flow investment until the following are also considered:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Vacancy allowance.<\/strong> A residential apartment may have a relatively broad pool of prospective tenants. A 136-square-foot commercial unit inside a mall could remain empty much longer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Insurance.<\/strong> Condo ownership still requires appropriate owner or commercial insurance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Repairs and improvements.<\/strong> Commercial tenants in particular may expect improvements before moving in.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Special assessments.<\/strong> A $10,000 condominium special assessment is enormous relative to a $50,000 acquisition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Leasing commissions and legal expenses.<\/strong> Commercial leasing can be more expensive than residential tenant turnover.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Utilities.<\/strong> The lease and condominium documents determine which party actually pays them.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>HST.<\/strong> Several Toronto commercial listings specifically state that HST is additional to the purchase price. Commercial real-estate HST treatment should be reviewed with an accountant and real-estate lawyer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Financing.<\/strong> These rankings assume cash purchases. Adding a mortgage reduces monthly cash flow and changes the cash-on-cash return.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Best Three From the Current Search<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">For an investor primarily seeking <strong>rental cash flow<\/strong>, the strongest initial candidates appear to be the two Chatham residential units and the Elliot Lake two-bedroom condo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>$84,900 Chatham unit<\/strong> is particularly interesting because its projected rental economics are substantially stronger than most of the ultra-cheap Toronto commercial condos.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For investors specifically seeking <strong>Toronto real-estate ownership below $50,000<\/strong>, the small Splendid China Mall units remain unusual opportunities, particularly <strong>2C6 at $45,900<\/strong> and <strong>2C8 at $49,900<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, the residential units have a major structural advantage: people always need housing, while demand for tiny enclosed-mall commercial units can be much narrower.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Bottom Line<\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, <strong>Ontario real estate below $100,000 still exists in 2026<\/strong>, and some listings appear capable of producing positive rental cash flow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But the best opportunities are not necessarily the cheapest properties.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The current screen suggests approximately:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8%\u201311% preliminary returns<\/strong> are possible on a handful of low-cost residential condos;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4%\u20137% preliminary returns<\/strong> may be possible on selected small commercial condos;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">while some ultra-cheap commercial units produce only <strong>1%\u20133% before vacancy and insurance<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The lesson is simple:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Don&#8217;t buy a $50,000 property because it is cheap. Buy it only if the rent remains attractive after every recurring cost is deducted.<\/strong><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">For investors evaluating this niche, the three numbers to obtain before making an offer are therefore <strong>realistic market rent, total condominium fees and annual property tax<\/strong>. After those figures are known, vacancy risk and the condominium corporation&#8217;s financial condition become the next major questions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Disclaimer<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Listings, asking prices and rental advertisements can change quickly. Information above was reviewed on <strong>August 30, 2026<\/strong> and should be independently verified before making any investment decision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Rental figures labelled as estimates are not guaranteed achievable rents. The calculated returns are simplified screening returns rather than complete net operating income, cap rates or guaranteed investment returns. Prospective purchasers should review the condominium status certificate, financial statements, reserve fund, permitted uses, lease documents, tenant history, insurance requirements, HST treatment and applicable landlord-tenant or commercial leasing rules with appropriate professionals before purchasing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>10 Ontario Condos Under $100,000 With Positive Cash-Flow Potential Ref: AI Tools as is Current listings and rental comparisons reviewed August 30, 2026 Finding real estate in Ontario for less than $100,000 sounds almost impossible. In Toronto, the price would not ordinarily buy even a conventional residential condo parking space in many buildings. Yet a &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"http:\/\/bangla.sitestree.com\/?p=78813\">Continue reading<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1832],"tags":[],"class_list":["post-78813","post","type-post","status-publish","format-standard","hentry","category---real-estate","item-wrap"],"jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":78810,"url":"http:\/\/bangla.sitestree.com\/?p=78810","url_meta":{"origin":78813,"position":0},"title":"Small Commercial Real Estate in Scarborough Under About $60,000: Ranked by Rental Return","author":"Sayed","date":"August 31, 2026","format":false,"excerpt":"REF: AI Tools as is. Toronto real estate does not normally come to mind when discussing properties priced below $60,000. However, a small niche exists: individually titled commercial condominium units inside indoor shopping centres. These are not businesses for sale or lease takeovers. The buyer owns the commercial real estate\u2026","rel":"","context":"In &quot;\u0986\u09ac\u09be\u09b8\u09a8 \u0964 Real Estate&quot;","block_context":{"text":"\u0986\u09ac\u09be\u09b8\u09a8 \u0964 Real Estate","link":"http:\/\/bangla.sitestree.com\/?cat=1832"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71566,"url":"http:\/\/bangla.sitestree.com\/?p=71566","url_meta":{"origin":78813,"position":1},"title":"9 new jobs for &#8216;professor&#8217;","author":"Sayed","date":"October 28, 2021","format":false,"excerpt":"View jobs in Canada \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c \u200c\u2026","rel":"","context":"In &quot;Jobs in Canada and USA&quot;","block_context":{"text":"Jobs in Canada and USA","link":"http:\/\/bangla.sitestree.com\/?cat=1953"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20702,"url":"http:\/\/bangla.sitestree.com\/?p=20702","url_meta":{"origin":78813,"position":2},"title":"Technology Education Curriculam for Secondary Education in Ontario, Canada","author":"Author-Check- Article-or-Video","date":"February 26, 2021","format":false,"excerpt":"The Ontario Curriculum, Grades 10 to 12: Computer Studies, 2008 (revised) PDF Format (568 KB) Plain Text Format (140 KB) Technological Education, Grades 9 and 10, 2009 (revised) PDF Format (589 KB) Plain Text Format (295 KB) Technological Education, Grades 9 and 10, 1999 PDF Format (168 KB) Plain Text\u2026","rel":"","context":"In &quot;FromSitesTree.com&quot;","block_context":{"text":"FromSitesTree.com","link":"http:\/\/bangla.sitestree.com\/?cat=1917"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74900,"url":"http:\/\/bangla.sitestree.com\/?p=74900","url_meta":{"origin":78813,"position":3},"title":"3 new jobs &#8211; University professors and lecturers near Toronto (ON)","author":"Sayed","date":"June 29, 2022","format":false,"excerpt":"Professor, University Ontario College of Art and Design University Toronto, ON $73,531.00 to $135,298.00 annually (to be negotiated) Full time Remote work available Assistant Professor - University Ontario College of Art and Design University Toronto, ON $73,531.00 to $135,298.00 annually (to be negotiated) Full time Remote work available Lecturer, University\u2026","rel":"","context":"In &quot;\u09ac\u09cd\u09b2\u0997 \u0964 Blog&quot;","block_context":{"text":"\u09ac\u09cd\u09b2\u0997 \u0964 Blog","link":"http:\/\/bangla.sitestree.com\/?cat=182"},"img":{"alt_text":"Job Bank","src":"https:\/\/i0.wp.com\/www.jobbank.gc.ca\/themes-jb\/images\/icons\/jobsource\/list\/jobsource-16-icon.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":68405,"url":"http:\/\/bangla.sitestree.com\/?p=68405","url_meta":{"origin":78813,"position":4},"title":"Winter in Canada, Scarborough, Toronto, Ontario Canada on Jan 26th, 2014 #AngularJS","author":"Author-Check- Article-or-Video","date":"August 2, 2021","format":false,"excerpt":"From: http:\/\/sitestree.com\/?p=2561 Categories:AngularJSTags: Post Data:2015-10-11 06:08:03 Shop Online: https:\/\/www.ShopForSoul.com\/ (Big Data, Cloud, Security, Machine Learning): Courses: http:\/\/Training.SitesTree.com In Bengali: http:\/\/Bangla.SaLearningSchool.com http:\/\/SitesTree.com 8112223 Canada Inc.\/JustEtc: http:\/\/JustEtc.net (Software\/Web\/Mobile\/Big-Data\/Machine Learning) Shop Online: https:\/\/www.ShopForSoul.com\/ Medium: https:\/\/medium.com\/@SayedAhmedCanada","rel":"","context":"In &quot;FromSitesTree.com&quot;","block_context":{"text":"FromSitesTree.com","link":"http:\/\/bangla.sitestree.com\/?cat=1917"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68407,"url":"http:\/\/bangla.sitestree.com\/?p=68407","url_meta":{"origin":78813,"position":5},"title":"Winter in Canada, Scarborough, Toronto, Ontario Canada on Jan 26th, 2014 #AngularJS","author":"Author-Check- Article-or-Video","date":"August 2, 2021","format":false,"excerpt":"From: http:\/\/sitestree.com\/?p=2563 Categories:AngularJSTags: Post Data:2015-10-13 12:09:08 Shop Online: https:\/\/www.ShopForSoul.com\/ (Big Data, Cloud, Security, Machine Learning): Courses: http:\/\/Training.SitesTree.com In Bengali: http:\/\/Bangla.SaLearningSchool.com http:\/\/SitesTree.com 8112223 Canada Inc.\/JustEtc: http:\/\/JustEtc.net (Software\/Web\/Mobile\/Big-Data\/Machine Learning) Shop Online: https:\/\/www.ShopForSoul.com\/ Medium: https:\/\/medium.com\/@SayedAhmedCanada","rel":"","context":"In &quot;FromSitesTree.com&quot;","block_context":{"text":"FromSitesTree.com","link":"http:\/\/bangla.sitestree.com\/?cat=1917"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/posts\/78813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=78813"}],"version-history":[{"count":1,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/posts\/78813\/revisions"}],"predecessor-version":[{"id":78814,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=\/wp\/v2\/posts\/78813\/revisions\/78814"}],"wp:attachment":[{"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78813"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bangla.sitestree.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}