
218 Park Home Avenue, Toronto C07
Toronto C07
$1,050,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE RCR REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
An exceptional opportunity in prime Willowdale, this solid brick 3 bedroom bungalow sits on a generous 50 x 135 ft lot in one of the area's most sought-after neighbourhoods. The home offers classic mid-century charm with beautifully maintained original finishes and hardwood flooring throughout, creating warm, inviting living spaces with authentic character. A practical side entrance to a finished basement adds flexibility for extended family or rental potential which is an attractive feature for buyers seeking versatility and investors looking to maximize use. The traditional bungalow layout provides bright, efficient rooms anchored by timeless craftsmanship rarely found today. For developers, the lot size and location are standout advantages. The wide frontage and deep yard support a variety of future building possibilities in a neighbourhood already transitioning with new luxury homes. With close proximity to top schools, parks, transit, shopping, and major routes, this property offers both immediate livability and long-term value. Whether you're looking to move in, modernize, rent out, or build new, this home delivers a rare combination of charm, location, and redevelpment potential in Willowdale.
MississaugaInvestor.ca
218 Park Home Avenue
Detached · 4bd/2ba · ~1,300 sqft
$1,050,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.5%
Monthly Cash Flow
-$2,641/mo
Estimated Rent
$4,340/mo
Cash-on-Cash
-13.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,340 |
| Mortgage | −$4,833 |
| Property Tax | −$831 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$875 |
| Vacancy (5%) | −$217 |
| Cash Flow | -$2,641/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,080 |
| Vacancy (5%) | −$2,604 |
| Property Tax | −$9,975 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,500 |
| Annual NOI | $26,301 |
| Cap Rate | 2.5% |
Cash Required to Close
| Down Payment (20%) | $210,000 |
| Ontario Land Transfer Tax | $17,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $230,475 |
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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