I'll save you the trouble: It's not.
Condo market in toronto is so overpriced now it's not a good investment no matter how you look at it. It's impossible to buy a condo in toronto today that will yield positive cash flow after mortgage, tax, and condo fee, considering how low the market rent rate is compare to purchase price. And if you buy with the intention of flipping it's impossible to make money because the prices have stopped appreciating as much as they were several years ago. If you're buying it to live in yoruself that's ok but if you're buying it as an investment you're not making a wise decision.