24 Manning Avenue, Toronto C01
Toronto C01
$1,799,000
Cash flow, cap rate & mortgage breakdown
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Listed by TORONTO CENTRAL INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
8
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$4,400/mo
Estimated from market price-to-rent ratios
Remarks
Rare Trinity Bellwoods detached 4-plex with an absolutely STUNNING owner's suite! Spanning over 3,500 sq.ft. of living space just steps from Queen West and the Trinity Bellwoods Park 24 Manning Avenue offers an unmatched opportunity to reside in a premier downtown location while substantially offsetting your carrying costs. This versatile multi-unit property features a luxurious main-floor owner's suite alongside three quality tenants already in place to provide immediate, reliable income. Capital improvements offer complete peace of mind, highlighted by a newly finished basement unit and brand-new A/C units throughout. The owner's suite dazzles with historic elegance, boasting intricate plaster crown mouldings, a sunlit bay window, a spacious principal bedroom, and a seamless walkout to a tranquil urban Zen garden. Complete with a rare detached garage, you can live comfortably while building equity, or seamlessly convert this grand 2.5-storey Victorian beauty back into a massive single-family sanctuary. Historic character, prime location, and outstanding financial upside all in one package.
MississaugaInvestor.ca
24 Manning Avenue
Detached · 5bd/4ba · ~2,750 sqft
$1,799,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.69%
Monthly Cash Flow
-$7,249/mo
Estimated Rent
$4,400/mo
Cash-on-Cash
-22.01%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,400 |
| Mortgage | −$8,281 |
| Property Tax | −$1,424 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,499 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$7,249/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,800 |
| Vacancy (5%) | −$2,640 |
| Property Tax | −$17,091 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$17,990 |
| Annual NOI | $12,379 |
| Cap Rate | 0.69% |
Cash Required to Close
| Down Payment (20%) | $359,800 |
| Ontario Land Transfer Tax | $32,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $395,255 |
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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