
87 Combe Avenue, Toronto C06
Toronto C06
$1,449,999
Cash flow, cap rate & mortgage breakdown
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Listed by HARVEY KALLES REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
28
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,050/mo
Estimated from market price-to-rent ratios
Remarks
Nestled in the heart of Bathurst Manor, this well-maintained bungalow presents a rare opportunity to live in, renovate, or build your dream home on an exceptional lot. Sitting on an extra-wide 63-foot frontage and extending 115 feet deep, the property offers tremendous potential in a neighbourhood where opportunities like this rarely come along. The home features 3 spacious bedrooms & a full bathroom on the main floor, complemented by hardwood flooring & a bright, functional layout. The kitchen incl granite countertops, stainless steel appliances, and ample cabinetry. The living room features beautiful bow windows that fill the space w/natural light. The updated bathroom offers elegant granite tiles, a Corian countertop, & in-floor heating for added comfort. Entire house freshly painted, brand new vinyl flooring, and newer windows & roof, the home has been very well maintained. The lower level offers a versatile layout w/a separate income-generating unit featuring its own kitchen & bathroom, along w/a separate area for the owner's use. This flexible space creates many possibilities for extended family living, rental income, or future customization. Step outside to a lovingly cared-for backyard filled w/mature plants & an extensive vegetable garden. A large separate garage provides generous space for parking & storage. The location is exceptional. The home is less than a 5 min walk to Irving W. Chapley Park w/playground, outdoor pool, skating rink, & tennis courts. Public transit is steps away & within walking distance to Sheppard Station. This vibrant, safe, & family-oriented neighbourhood is close to top schools including William Lyon Mackenzie Collegiate Institute and Tanenbaum CHAT, along with excellent primary schools, private schools, & daycares. Residents also enjoy being a short distance from the Prosserman JCC. Close to retail, places of worship, parks, & hwys, this is a fantastic opportunity in one of Toronto's most welcoming family communities.
MississaugaInvestor.ca
87 Combe Avenue
Detached · 5bd/2ba · ~1,300 sqft
$1,449,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.05%
Monthly Cash Flow
-$5,408/mo
Estimated Rent
$4,050/mo
Cash-on-Cash
-20.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,050 |
| Mortgage | −$6,674 |
| Property Tax | −$1,148 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,208 |
| Vacancy (5%) | −$203 |
| Cash Flow | -$5,408/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,600 |
| Vacancy (5%) | −$2,430 |
| Property Tax | −$13,775 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,500 |
| Annual NOI | $15,195 |
| Cap Rate | 1.05% |
Cash Required to Close
| Down Payment (20%) | $289,999.8 |
| Ontario Land Transfer Tax | $25,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $318,474.8 |
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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