
3 Glen Rush Boulevard, Toronto C04
Toronto C04
$3,190,000
Cash flow, cap rate & mortgage breakdown
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Listed by FOREST HILL REAL ESTATE INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
6
Bathrooms
3
Days on Market
49
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Exceptional Opportunity in Prestigious Bathurst/Glencairn Located in the highly sought-after Alexandra Wood community, this spectacular ranch-style bungalow sits on a premium 50' x 150' corner lot and offers approximately 4,800 sq. ft. of living space. Featuring 4+2 bedrooms and 3 bathrooms, this spacious open-concept home is ideal for families, multi-generational living, or those seeking the convenience of single-level living. Enjoy expansive principal rooms and generously sized bedrooms without the need for daily stair use. The versatile main-floor 4th bedroom, featuring custom millwork and floor-to-ceiling paneling, is ideal as a home office. A separate entrance to the lower level provides excellent potential for an in-law suite, nanny quarters, or extended family living. The renovated chef's kitchen boasts a 10+ ft. quartz island, premium stainless steel appliances, and flows seamlessly into the bright living and dining areas. Oversized and almost floor-to-ceiling windows fill the home with natural light. The expansive lower level includes 2 large bedrooms, a full kitchen with granite counters, a 4-piece bath, and flexible space for guests, extended family, caregivers, recreation, or work-from-home needs. A massive utility room offers potential for a private wellness retreat, sauna, jacuzzi, spa, fitness studio, or recreation area. Freshly painted throughout, the home features central forced-air heating and air conditioning-a rare and highly desirable upgrade compared to the boiler/radiator systems in similar aged homes. Outside, enjoy a rare attached 2-car garage, private pool-sized backyard, and a spacious covered porch with natural gas BBQ hookup for year-round entertaining. Conveniently located minutes to TTC, shops, Elite/Private schools & synagogues. A rare offering in one of Toronto's most desirable & established neighbourhoods
MississaugaInvestor.ca
3 Glen Rush Boulevard
Detached · 6bd/3ba · ~2,250 sqft
$3,190,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.77%
Monthly Cash Flow
-$12,638/mo
Estimated Rent
$7,845/mo
Cash-on-Cash
-21.44%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$7,845 |
| Mortgage | −$14,683 |
| Property Tax | −$2,525 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,658 |
| Vacancy (5%) | −$392 |
| Cash Flow | -$12,638/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$94,140 |
| Vacancy (5%) | −$4,707 |
| Property Tax | −$30,305 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$31,900 |
| Annual NOI | $24,528 |
| Cap Rate | 0.77% |
Cash Required to Close
| Down Payment (20%) | $638,000 |
| Ontario Land Transfer Tax | $66,225 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $707,225 |
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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