
37 Johnston Avenue, Toronto C07
Toronto C07
$1,649,900
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$4,000/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 37 Johnston Street, where timeless charm meets modern comfort in one of Toronto's most sought-after neighbourhoods. Nestled on an exceptional, deep lot just moments from vibrant Yonge Street, this beautifully updated home offers the perfect blend of character, convenience, and outdoor living.Step inside to discover a bright, inviting interior featuring rich hardwood flooring throughout-completely carpet-free for a clean, contemporary feel. The thoughtfully renovated kitchen is designed to impress, offering stylish finishes, abundant cabinetry, quality countertops, and newer stainless steel appliances that make everyday living and entertaining effortless. Both bathrooms have also been tastefully renovated with modern fixtures and finishes, creating elegant spaces you'll enjoy for years to come.The true showpiece of this property lies beyond the back door. The expansive, private backyard is a rare urban oasis, highlighted by a magnificent century-old mature tree that provides beauty, shade, and an incredible sense of tranquility. Whether you're hosting family gatherings or enjoying a quiet evening under the stars, you'll appreciate the oversized entertainment deck, covered pergola, relaxing hot tub, and custom firepit area-all surrounded by lush greenery on an impressive lot with endless possibilities.Perfectly positioned within walking distance of Yonge Street, you'll enjoy quick access to boutique shopping, cafés, restaurants, parks, schools, public transit, and every amenity that makes this neighbourhood one of Toronto's most desirable places to call home. Commuters will appreciate the convenient access to major transit routes and nearby subway stations, making travel throughout the city effortless.Beautifully updated inside and out, with an extraordinary backyard rarely found in the city, this is a home that truly must be experienced to be appreciated.
MississaugaInvestor.ca
37 Johnston Avenue
Detached · 4bd/4ba · ~1,750 sqft
$1,649,900
Cash-Flow Report · July 31, 2026
Cap Rate
0.65%
Monthly Cash Flow
-$6,700/mo
Estimated Rent
$4,000/mo
Cash-on-Cash
-22.18%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,000 |
| Mortgage | −$7,594 |
| Property Tax | −$1,306 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,375 |
| Vacancy (5%) | −$200 |
| Cash Flow | -$6,700/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$48,000 |
| Vacancy (5%) | −$2,400 |
| Property Tax | −$15,674 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$16,499 |
| Annual NOI | $10,727 |
| Cap Rate | 0.65% |
Cash Required to Close
| Down Payment (20%) | $329,980 |
| Ontario Land Transfer Tax | $29,473 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $362,453 |
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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