
43 Colonial Avenue, Toronto E08
Toronto E08
$839,900
Cash flow, cap rate & mortgage breakdown
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Listed by Century 21 Infinity Realty Inc.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
39
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
Location and Curb Appeal make this the ideal property for you. This 2+1 Bedroom home is a short walk to the Eglinton GO Station and an easy commute to downtown Toronto. An outstanding corner lot property that boasts "two" separate fully fenced yards and a 4 car driveway. This home has incredible privacy in a quiet, established neighbourhood surrounded by mature trees. Highly rated RH King Academy is close by. Shopping and places of worship are all walking distance. Walk out from the bright, spacious kitchen to a beautiful 8'x18' deck where you will find a natural gas connection for your BBQ. Includes Whirlpool kitchen appliances, Fridge, Stove, Dishwasher. Washer and Dryer. home has been meticulously cared for. Built-in shoe cabinet in front hallway. It is super clean with beautiful landscaping and gardens. Best of all, the fully finished basement with 3pc bath, large rec room, bedroom has great potential for a in-law suite that could have a private entrance. Just completed blown-in R60 attic insulation. For a special bonus feature you can take a short stroll to the outdoor swimming pool at Halbert Park or the splash-pad, walking trails and outdoor winter skating rink at McCowan District Park. So much to do in this incredible neighbourhood. Scarborough has so many parks and activities to offer to families. So, don't wait! Get over and see this amazing property.
MississaugaInvestor.ca
43 Colonial Avenue
Detached · 3bd/2ba · ~900 sqft
$839,900
Cash-Flow Report · July 31, 2026
Cap Rate
2.87%
Monthly Cash Flow
-$1,856/mo
Estimated Rent
$3,790/mo
Cash-on-Cash
-12.09%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,790 |
| Mortgage | −$3,866 |
| Property Tax | −$665 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$700 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$1,856/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,480 |
| Vacancy (5%) | −$2,274 |
| Property Tax | −$7,979 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,399 |
| Annual NOI | $24,128 |
| Cap Rate | 2.87% |
Cash Required to Close
| Down Payment (20%) | $167,980 |
| Ontario Land Transfer Tax | $13,273 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $184,253 |
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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