
203- 10 Kenneth Avenue, Toronto C14
Toronto C14
$578,800
Cash flow, cap rate & mortgage breakdown
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Listed by GALLO REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,350/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to the Pavilion located in prominent Willowdale East Neighborhood minutes to Yonge and Sheppard- at entertainment central yet quietly tucked away on Kenneth Ave with close proximity to subway- Line 1 - Yonge/University & Line 4- Sheppard and 401 Highway. You will love this well designed, expansive CORNER SUITE of almost 1300 sq ft that feels like you are home. Enter into this spacious front foyer with double closet that leads you into the spacious dining room and living room area that is open concept. Features an eat- in kitchen that overlooks the solarium which can be used as a home office, meditation/exercise room, library room or nursery as it is located beside the primary bedroom. The bedrooms are split in the design with bathrooms to allow for privacy from guests or extended family members. The primary bedroom includes built-in shelving, walk-in closet and 4 pc bath with soaker tub & separate shower plus large enough for a king size bed. Main floor laundry has newer washer and dryer and built-in shelving for pantry close to kitchen. This unit is close to exit stairs and garage for ease of carrying items to your unit. The underground parking spot is 4 parking spaces from entrance door. It is a lovely maintained building with community BBQ area with lawn area & picnic tables, gym, indoor pool, sauna, squash court, golf room, party/meeting room, games room and ample visitors parking. The 24 hour security is a plus and peace of mind for extra added safety. Close to excellent schools like, Earl Haig Secondary School, Cardinal Carter Es And Avondale Public School. Maintenance fees includes all utilities including cable tv. No need to fuss with extra bill payments! One parking space and two lockers. This is without a doubt a great opportunity to live in one of the most sought after Neighborhoods of the City!
MississaugaInvestor.ca
203- 10 Kenneth Avenue
Condo Apartment · 3bd/2ba · ~1,300 sqft
$578,800
Cash-Flow Report · July 31, 2026
Cap Rate
0.22%
Monthly Cash Flow
-$2,557/mo
Estimated Rent
$2,350/mo
Cash-on-Cash
-24.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,350 |
| Mortgage | −$2,664 |
| Property Tax | −$458 |
| Insurance | −$225 |
| Condo Fee | −$1,442 |
| Vacancy (5%) | −$118 |
| Cash Flow | -$2,557/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$28,200 |
| Vacancy (5%) | −$1,410 |
| Property Tax | −$5,499 |
| Insurance | −$2,700 |
| Condo Fee | −$17,304 |
| Annual NOI | $1,287 |
| Cap Rate | 0.22% |
Cash Required to Close
| Down Payment (20%) | $115,760 |
| Ontario Land Transfer Tax | $8,051 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $126,811 |
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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