
15 Cruikshank Avenue, Toronto E03
Toronto E03
$2,589,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX WEST REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
7
Days on Market
53
Price Drop
6%
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$5,250/mo
Estimated from market price-to-rent ratios
Remarks
Rare Offering In Highly Desirable Playter Estates-Danforth! This custom-built 3-storey residence offers approx. 3,220 sq. ft. of beautifully finished living space, blending luxury design, functionality & quality craftsmanship in one of Toronto's most sought-after east-end communities. Ideal for modern family living, multi-generational use or income potential, featuring 2 kitchens, 2 separate hydro meters, 5 full baths, 2 powder rooms, 4 spacious bdrms each with ensuite, plus a self-contained 1-bdrm lower-level suite with walk-out. The main floor impresses with soaring ceilings, floor-to-ceiling windows, herringbone hwd floors, fluted accent walls, glass railings, pot lights, built-in speakers & open-concept living/dining. Designer kitchen with quartz counters/backsplash, custom cabinetry, centre island, pot filler & bar area with wine fridge. Family room offers fireplace feature wall & large sliding doors to rear patio and detached 1-car garage with laneway access. 2nd & 3rd floors feature generous bdrms with ensuite baths, custom closets, balconies, skylights & great natural light. Rare in-home elevator adds comfort, accessibility & luxury across all levels. Bright soundproofed lower level includes 8-ft ceilings, bdrm with ensuite, powder room, vinyl floors, pot lights, separate laundry, heat pump, sliding doors & walk-out access. Features include HRV, central vacuum, Nest thermostat, steel moment frame structure, foam insulation, sump pump, backwater valve, full waterproofing, security cameras, video doorbell, 2 laundries, custom vanities, solid wood doors & ample storage. Located near well-regarded schools, parks, subway, shops, restaurants & the vibrant Danforth corridor. A beautifully finished custom home offering flexibility, style, convenience & long-term value in prime East York.
MississaugaInvestor.ca
15 Cruikshank Avenue
Detached · 5bd/7ba · ~2,250 sqft
$2,589,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.26%
Monthly Cash Flow
-$11,363/mo
Estimated Rent
$5,250/mo
Cash-on-Cash
-23.84%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,250 |
| Mortgage | −$11,917 |
| Property Tax | −$2,050 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$2,158 |
| Vacancy (5%) | −$263 |
| Cash Flow | -$11,363/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$63,000 |
| Vacancy (5%) | −$3,150 |
| Property Tax | −$24,596 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$25,890 |
| Annual NOI | $6,664 |
| Cap Rate | 0.26% |
Cash Required to Close
| Down Payment (20%) | $517,800 |
| Ontario Land Transfer Tax | $51,200 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $572,000 |
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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