Any Experienced Real Estate investors in Toronto?

[Mark L.]

With the Toronto and nearby housing prices so high, how are you guys able to generate positive cash flow with a 20% down payment.

2 bedroom condos in Toronto East are getting rented out for $1600-$1800 but the cost of condos is almost 300K with $500-$600 maintenance, with 60K as downpayment (20%) and needing to borrow another 80% i.e. 240K which is about $1100 monthly mortgage amount. It seems like most investors are either just breaking even or negative cash flow if you include cost of repairs and property insurance. The only solution I see is a bigger downpayment. Any thoughts?