
6197 Kingston Road, Toronto E10
Toronto E10
$998,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
46
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,300/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To 6197 Kingston Road A Deceptively Spacious Backsplit Nestled On A Premium Oversized Lot In The Sought After Highland Creek Neighbourhood. Set Back From The Street And Framed By A Mature, Fully Fenced Yard, This Is The Kind Of Property That Rarely Comes Available In Scarborough. Step Inside To A Bright, Well-Proportioned Layout With New Flooring Throughout, 4 Bedrooms, A Spacious Main Floor Family Room With Fireplace, 2 Fully Renovated Bathrooms, Combined With The Renovated Kitchen, And Double Attached Heated Garage Mean This Home Is Truly Move-In Ready. Downstairs, The Fully Finished Lower Level And Dedicated Media Room Offer Flexible Space For Teens, Guests, Or Extended Family, Lending Itself Naturally To The Potential For A Secondary Suite Or In-Law Setup. Outside, The Backyard Offers The Kind Of Privacy That's Rare To Find, Including A Large Entertainment Area And Checkout That Wide Private Drive That Easily Parks 8. Whether You Have Your Eye On Purchasing A Multi-Generational Home Or Looking For A Property With Income Potential, This Home Checks All The Boxes. Colonel Danforth Park And Trails Are At Your Doorstep, And U Of T Scarborough & Hwy 401 Are Just Minutes Away. This Is A Home You Will Grow Into And Never Want To Leave.
MississaugaInvestor.ca
6197 Kingston Road
Detached · 4bd/2ba · ~1,750 sqft
$998,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.55%
Monthly Cash Flow
-$3,306/mo
Estimated Rent
$3,300/mo
Cash-on-Cash
-18.11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,300 |
| Mortgage | −$4,594 |
| Property Tax | −$790 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$832 |
| Vacancy (5%) | −$165 |
| Cash Flow | -$3,306/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$39,600 |
| Vacancy (5%) | −$1,980 |
| Property Tax | −$9,481 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,980 |
| Annual NOI | $15,459 |
| Cap Rate | 1.55% |
Cash Required to Close
| Down Payment (20%) | $199,600 |
| Ontario Land Transfer Tax | $16,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,035 |
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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