
351 Fairlawn Avenue, Toronto C04
Toronto C04
$1,899,000
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
14
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,950/mo
Estimated from market price-to-rent ratios
Remarks
Fully RENOVATED in 2023! Welcome to this stunning 3-bedroom, 2-bathroom turn key detached home situated on a massive 25 x 165 ft lot in the prestigious and family-friendly Yonge & Lawrence neighborhood. The bright main floor seamlessly blends character and modern updates, featuring gleaming hardwood floors, a cozy wood burning fireplace, and a direct walk out to a private, fully fenced, EXTRA DEEP backyard!*******THE INCREDIBLE 165 foot lot DEPTH and favorable SIDE clearance offers prime potential to build a SWIMING POOL or GARDEN SUITE perfect for future rental income, grandparents, or older children! ******* The completely FINISHED lower level offers FANTASTIC SPACE versatile space that can be used as an additional bedroom or recreation room, complete with laundry and a full bathroom featuring a stand-up shower. New wiring(2023) New AC/Heat pump (2023) Roof (2025) New Mitsubishi Hi-efficient Water heater/Boiler (2024). Nestled on a welcoming street with wonderful neighbors, this home offers unparalleled convenience. You are just a short walk to the Lawrence subway station, gourmet dining, and boutique shopping. Enjoy access to top-tier school catchments including John Wanless Jr. P.S., Lawrence Park C.I., as well as prestigious Catholic and private schools!
MississaugaInvestor.ca
351 Fairlawn Avenue
Detached · 3bd/2ba · ~1,300 sqft
$1,899,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.28%
Monthly Cash Flow
-$8,300/mo
Estimated Rent
$3,950/mo
Cash-on-Cash
-23.87%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,950 |
| Mortgage | −$8,741 |
| Property Tax | −$1,503 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,583 |
| Vacancy (5%) | −$198 |
| Cash Flow | -$8,300/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$47,400 |
| Vacancy (5%) | −$2,370 |
| Property Tax | −$18,041 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$18,990 |
| Annual NOI | $5,299 |
| Cap Rate | 0.28% |
Cash Required to Close
| Down Payment (20%) | $379,800 |
| Ontario Land Transfer Tax | $34,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $417,255 |
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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