
188 Florence Avenue, Toronto C07
Toronto C07
$2,499,900
Cash flow, cap rate & mortgage breakdown
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Listed by HARVEY KALLES REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
5
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$5,150/mo
Estimated from market price-to-rent ratios
Remarks
MOVE-IN READY FAMILY HOME WITH IN-GROUND POOL! Welcome to this beautifully appointed family home offering approximately 4,000 sq. ft. of total living space on a 40 x 130 ft. fenced lot in one of North York's most sought-after neighbourhoods. Designed for both everyday living and effortless entertaining, the open-concept main level showcases 10-foot ceilings, elegant crown mouldings, rich hardwood floors, custom wainscotting, and a striking staircase. The chef-inspired custom kitchen features stone countertops, a large centre island, premium cabinetry, and opens seamlessly into the principal living spaces. A sophisticated main floor office and and gas fireplace complete the thoughtfully designed layout. Upstairs, spacious bedrooms provide exceptional comfort, highlighted by a generous primary retreat featuring a Juliet balcony overlooking the backyard and pool, a luxurious 5-piece ensuite, and a large walk-in closet.The fully finished walk-out lower level offers a spacious recreation room with a second gas fireplace, a full bathroom, and direct access to the backyard. Step outside to your own private oasis featuring an in-ground pool, expansive entertaining areas, and a beautifully landscaped, fully fenced yard-perfect for relaxing, entertaining family and friends, or enjoying warm summer evenings. Updates include the furnace, roof (2021), central air conditioning (2021), resurfaced swimming pool (2022), stove and dishwasher (2023), and water heater (2024), providing added peace of mind. An exceptional opportunity to own a turnkey home combining timeless craftsmanship, functional design, and resort-style outdoor living. Don't miss this exceptional opportunity-book your private showing today!
MississaugaInvestor.ca
188 Florence Avenue
Detached · 5bd/5ba · ~3,250 sqft
$2,499,900
Cash-Flow Report · August 1, 2026
Cap Rate
0.29%
Monthly Cash Flow
-$10,902/mo
Estimated Rent
$5,150/mo
Cash-on-Cash
-23.7%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,150 |
| Mortgage | −$11,507 |
| Property Tax | −$1,979 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,083 |
| Vacancy (5%) | −$258 |
| Cash Flow | -$10,902/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$61,800 |
| Vacancy (5%) | −$3,090 |
| Property Tax | −$23,749 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$24,999 |
| Annual NOI | $7,262 |
| Cap Rate | 0.29% |
Cash Required to Close
| Down Payment (20%) | $499,980 |
| Ontario Land Transfer Tax | $48,973 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $551,953 |
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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