
651 Cosburn Avenue, Toronto E03
Toronto E03
$799,999
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by BOSLEY REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
36
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,800/mo
Estimated from market price-to-rent ratios
Remarks
Welcome To 651 Cosburn Ave, A Charming And Fully Detached Bungalow Offering A Thoughtfully Updated Interior, Functional Layout, And Incredible Potential - All Set In One Of East York's Most Well-Connected Neighbourhoods. This Home Sits On A Wide 30-Foot Lot And Features Over 1,600 Sq. Ft. Of Total Living Space, Including The Basement. The Main Floor Boasts A Modern Eat-In Kitchen With A Butcher Block Breakfast Bar, Updated Cabinetry, And Plenty Of Natural Light. The Spacious Great Room Is Ideal For Both Relaxing And Entertaining, Highlighted By An Oversized Fireplace And A Bay Window With A Custom Built-In Bench Seat. Two Well-Proportioned Bedrooms On The Main Level Include A Generously Sized Primary With A Large Closet. A Bright Sunroom That Opens To The Backyard Offers Additional Space That Can Flex As A Home Office, Reading Nook, Or Playroom. The Fully Finished Basement Adds Significant Value And Flexibility, Featuring A Large Family Room, An Additional Bedroom, And An Updated 4-Piece Bathroom Complete With Heated Floors - Ideal For Guests, Extended Family, Or Even Future Income Potential. Full-Height Ceilings Throughout The Lower Level Add To The Home's Functionality, With Ample Storage Throughout. A Private Driveway With Parking For Two Cars Completes The Package. Located In The Sought-After Diefenbaker School District, With Easy Access To The TTC, Subway, And DVP. The Energy And Amenities Of East York Are Right At Your Doorstep - Including Parks, Cafes, Restaurants, And Shops. Whether You're A First-Time Buyer, Investor, Or Planning Your Next Renovation Or Rebuild, 651 Cosburn Ave Is A Smart Opportunity In A Neighbourhood That Continues To Grow In Value And Demand.
MississaugaInvestor.ca
651 Cosburn Avenue
Detached · 3bd/2ba · ~900 sqft
$799,999
Cash-Flow Report · August 1, 2026
Cap Rate
1.7%
Monthly Cash Flow
-$2,547/mo
Estimated Rent
$2,800/mo
Cash-on-Cash
-17.42%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,800 |
| Mortgage | −$3,682 |
| Property Tax | −$633 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$667 |
| Vacancy (5%) | −$140 |
| Cash Flow | -$2,547/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$33,600 |
| Vacancy (5%) | −$1,680 |
| Property Tax | −$7,600 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,000 |
| Annual NOI | $13,620 |
| Cap Rate | 1.7% |
Cash Required to Close
| Down Payment (20%) | $159,999.8 |
| Ontario Land Transfer Tax | $12,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $175,474.8 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.