
338 Mckee Avenue, Toronto C14
Toronto C14
$2,199,999
Cash flow, cap rate & mortgage breakdown
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Listed by CENTURY 21 KING`S QUAY REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
5
Days on Market
119
Price Drop
34%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,850/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To 338 McKee Avenue, An Exceptional Custom-Built Residence Nestled On One Of Willowdale Easts Most Picturesque Tree-Lined Streets. This Grand 5,800+ Sq Ft Home (Above And Below Grade) Combines Timeless Craftsmanship With Expansive Living Spaces Designed For Elegant Entertaining And Everyday Comfort. From The Moment You Arrive, The Interlock Drive And Towering Willow Trees Create A Private, Estate-Like Setting. Inside, A Dramatic Open-To-Above Foyer And Sculptural Curved Staircase Set The Tone. The Main Floor Boasts Formal And Informal Living Areas, A Home Office, And A Chef-Inspired Kitchen With Granite Counters, Double Islands, Built-In Wine Fridge, And Premium Appliances All Flooded With Natural Light From Multiple Skylights And Sun-Filled Exposures Throughout. The Formal Living Room Showcases Soaring 20-Foot Ceilings And A Breathtaking Window Wall That Elevates The Space. Throughout The Home, Enjoy Elevated Ceiling Heights On All Levels, Enhancing Volume, Air Flow, And Architectural Impact. Upstairs, Discover Spacious Bedrooms, Sleek Modern Baths, And A Palatial Primary Suite Complete With A Private Gas Fireplace, Sitting Area, Walk-In Closet, And A Spa-Inspired Ensuite Featuring Double Vanities, A Soaker Tub, Glass Shower, And Heated Floors For Year-Round Comfort. The Fully Finished Lower Level Offers A Wet Bar, Gym/Yoga Space, Guest Suite, Private Sauna, And A Large Rec Room With Direct Walk-Up Access To The Backyard. Step Outside To A Professionally Landscaped Sanctuary With Stone Walkways, Lush Greenery, A Tranquil Koi Pond, Gas BBQ Line, And Deck With Built-In Firepit Seating Ideal For Hosting Or Simply Unwinding In Peaceful Seclusion. Located In The Coveted McKee PS And Earl Haig SS Catchments. Steps To Bayview Village, Transit, Schools, And Parks.
MississaugaInvestor.ca
338 Mckee Avenue
Detached · 6bd/5ba · ~4,250 sqft
$2,199,999
Cash-Flow Report · August 3, 2026
Cap Rate
0.44%
Monthly Cash Flow
-$9,319/mo
Estimated Rent
$4,850/mo
Cash-on-Cash
-23.08%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,850 |
| Mortgage | −$10,126 |
| Property Tax | −$1,742 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,833 |
| Vacancy (5%) | −$243 |
| Cash Flow | -$9,319/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,200 |
| Vacancy (5%) | −$2,910 |
| Property Tax | −$20,900 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$22,000 |
| Annual NOI | $9,690 |
| Cap Rate | 0.44% |
Cash Required to Close
| Down Payment (20%) | $439,999.8 |
| Ontario Land Transfer Tax | $41,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $484,474.8 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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