
964 Pharmacy Avenue, Toronto E04
Toronto E04
$1,299,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by HOMELIFE LANDMARK REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
31
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
OPEN HOUSE SAT & SUN 2-4 PM. Welcome to 964 Pharmacy Ave., a rare custom-renovated two-storey detached home on a premium corner lot in the highly sought-after Wexford community! Designed for modern family living, this move-in-ready home offers 9-foot ceilings on both the main and second floors, a bright open-concept living and dining area, pot lights, and oak hardwood flooring throughout. The gourmet eat-in kitchen features custom cabinetry, granite countertops, marble flooring, and a stylish backsplash. A versatile mudroom offers the potential to be converted into a second laundry room. The insulated double-car garage includes a convenient pedestrian access door, while hidden under-stair storage provides additional functional space.Upstairs offers three generously sized bedrooms, including a spacious primary suite with a walk-in closet and a private ensuite bathroom. The finished basement features high ceilings and a separate entrance, providing excellent in-law suite or future income potential.Step outside to enjoy a beautifully landscaped front yard with raised garden beds or flower planters, along with an exceptionally large backyard perfect for entertaining, gardening, children's play, or creating your own outdoor oasis. Ideally located within walking distance of the newly opened Eglinton Crosstown LRT, and close to top-rated schools, parks, shopping, TTC, and just minutes to Highways 401, the DVP, and Scarborough Town Centre, this home offers exceptional convenience for commuters and families alike.Whether you're looking for a forever family home or an investment with future income and redevelopment potential, this beautifully renovated residence combines style, comfort, location, and long-term value. A rare opportunity not to be missed!
MississaugaInvestor.ca
964 Pharmacy Avenue
Detached · 5bd/4ba · ~1,750 sqft
$1,299,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.18%
Monthly Cash Flow
-$3,617/mo
Estimated Rent
$4,945/mo
Cash-on-Cash
-15.22%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,945 |
| Mortgage | −$5,979 |
| Property Tax | −$1,028 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$247 |
| Cash Flow | -$3,617/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$59,340 |
| Vacancy (5%) | −$2,967 |
| Property Tax | −$12,341 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,990 |
| Annual NOI | $28,342 |
| Cap Rate | 2.18% |
Cash Required to Close
| Down Payment (20%) | $259,800 |
| Ontario Land Transfer Tax | $22,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,255 |
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.