
298 Seaton Street, Toronto C08
Toronto C08
$1,899,999
Cash flow, cap rate & mortgage breakdown
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Listed by ENGEL & VOLKERS TORONTO CITY
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
5
Bathrooms
3
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for duplex based on GTA rental market data
Remarks
A rare opportunity to own a classic Victorian heritage duplex in the heart of Toronto's coveted Cabbage town Southwest Heritage Conservation District. Nestled on one of the city's most picturesque, tree-lined streets, this charming century home offers the perfect blend of timeless character, income potential, and unbeatable downtown convenience.This legal duplex features two self-contained units with separate private entrances, making it ideal for investors, multi-generational families, or homeowners looking to live in one unit while generating rental income from the other. Unit 1 offers a spacious two-storey layout with3 bedrooms and 2 full bathrooms, while Unit 2 features a bright two-storey layout with 2 bedrooms and 1 full bathroom. The flexible floor plan also presents excellent potential for furnished executive rentals or short-term accommodations (subject to municipal bylaws and licensing requirements). A high, dry unfinished basement provides abundant storage or future potential. Rich in original Victorian charm and meticulously maintained, this property is surrounded by North America's largest continuous collection of preserved Victorian homes. Enjoy the unique village atmosphere Cabbage town is famous for while being just minutes from Toronto's downtown core. Step outside and walk to Parliament Street's beloved cafes, restaurants, pubs, boutiques, and everyday amenities. Explore nearby Riverdale Farm, Allan Gardens Conservatory, beautiful parks, cycling and walking trails, and enjoy easy access to TTC transit, major hospitals, universities, the Financial District, and the Distillery District. Whether you're searching for a prime investment property, an owner-occupied income opportunity, or a unique heritage home with exceptional rental flexibility, this property offers outstanding long-term value in one of Toronto's most sought-after neighbourhoods. A true urban gem where historic charm meets modern convenience.
MississaugaInvestor.ca
298 Seaton Street
Duplex · 5bd/3ba · ~2,750 sqft
$1,899,999
Cash-Flow Report · July 31, 2026
Cap Rate
0.67%
Monthly Cash Flow
-$7,687/mo
Estimated Rent
$4,600/mo
Cash-on-Cash
-22.1%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,600 |
| Mortgage | −$8,745 |
| Property Tax | −$1,504 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,583 |
| Vacancy (5%) | −$230 |
| Cash Flow | -$7,687/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$55,200 |
| Vacancy (5%) | −$2,760 |
| Property Tax | −$18,050 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,000 |
| Annual NOI | $12,690 |
| Cap Rate | 0.67% |
Cash Required to Close
| Down Payment (20%) | $379,999.8 |
| Ontario Land Transfer Tax | $34,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $417,474.8 |
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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