
36 Millbank Avenue, Toronto C03
Toronto C03
$6,695,000
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
5
Days on Market
22
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$9,550/mo
Estimated from market price-to-rent ratios
Remarks
Exceptionally Custom Designed by one of Canada's leading, award-winning architects, Siamak Hariri (Hariri Pontarini), engaged by the owners. This magnificent and custom-built home was a magical result of the brilliant collaboration between the genius of Siamak Hariri and his very sophisticated and family-oriented clients. Total Square Footage is: 5,857 (4,287 sq ft above ground) and there's an Elevator. 4 +1 Bedrooms and 7 Bathrooms (2 Baths in Lower Level). Lot: see survey. Extra tall walls for their remarkable art collection had been a prerequisite, as were flexible multi-use rooms for visiting family and the two active professionals desiring quiet, beautiful spaces both inside and out. Private stone terraces in front and back, and above, cedar decks, overlook the country-like feel of the mature trees and nature sanctuary surrounding the property. Yet, it's close to Forest Hill Village shops, TTC, and Ravine trails. Natural materials - Algonquin Limestone, Brazilian Cherry hardwood (Jatoba), Rubble Stone, Mahogany doors and windows, and extensive use of copper, teak and cedar - mix together beautifully in light-filled spaces throughout. Huge glass picture windows, full height sliding glass doors, and the surrounding tall trees outside are viewed everywhere in the home. The central 3-storey atrium above the dining room is at the centre of the house, spilling light throughout the main floor and the centre of the 2nd floor. All of these elements combine to exude warmth and comfort, and yet are modern, clean and sleek, all at the same time. A Magnificent Garden was designed by renowned landscape architect, Janet Rosenberg, featuring cut stone, limestone terraces and Owen Sound ledge rock, including for the inspired central water feature, sounding softly like a babbling brook. Everything has been meticulously maintained and cared for, and like the finest wine, proves to be more outstanding over time. A stunning and truly unique sanctuary at a brilliant City location!
MississaugaInvestor.ca
36 Millbank Avenue
Detached · 5bd/5ba · ~4,250 sqft
$6,695,000
Cash-Flow Report · July 31, 2026
Cap Rate
-0.36%
Monthly Cash Flow
-$32,848/mo
Estimated Rent
$9,550/mo
Cash-on-Cash
-26.35%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$9,550 |
| Mortgage | −$30,816 |
| Property Tax | −$5,300 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$5,579 |
| Vacancy (5%) | −$478 |
| Cash Flow | -$32,848/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$114,600 |
| Vacancy (5%) | −$5,730 |
| Property Tax | −$63,603 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$66,950 |
| Annual NOI | $-24,383 |
| Cap Rate | -0.36% |
Cash Required to Close
| Down Payment (20%) | $1,339,000 |
| Ontario Land Transfer Tax | $153,850 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $1,495,850 |
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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