
3 Columbine Avenue, Toronto E02
Toronto E02
$1,349,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
5
Bathrooms
4
Days on Market
22
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
Incredible opportunity to own a Large Brick 3 storey home in the highly Sought After Beach Triangle Community. This wide property provides opportunity to live comfortably in the spacious 3 bedroom, 2 storey upper unit with an additional gorgeous renovated 1 bedroom main floor unit And another 1 bedroom suite in the lower level. Set on a quiet residential street just moments from Queen Street East and the lake, it offers the kind of location that draws people to the neighbourhood and keeps them here for years. What truly sets this home apart is its remarkable flexibility. Currently three distinct living spaces, it presents endless possibilities for investors, multi-generational families, or buyers looking for a place to live with potential income. The layout also offers ample space to restore the home into one spacious single-family residence, creating a home tailored to your own vision while preserving the timeless charm. The recently renovated main floor is bright and inviting, while the upper levels provide generous living spaces, including a private south-facing deck that feels like a hidden retreat with gorgeous views of the city. A separate entrance to the lower level suite adds even more versatility, allowing the home to adapt as your needs evolve.The Beach Triangle is one of Toronto's most distinctive neighbourhoods, where historic homes, independent cafés, local boutiques, vibrant restaurants, leafy streets and the waterfront come together to create a community unlike anywhere else in the city. The Triangle is known as "the family friendly" neighbourhood in the Beach. Whether you're searching for a smart investment, a home with income potential, or a place to create your forever home, 3 Columbine Avenue is ready for its next chapter. Steps to transit with easy access in and out of the Beach.
MississaugaInvestor.ca
3 Columbine Avenue
Semi-Detached · 5bd/4ba · ~1,750 sqft
$1,349,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.99%
Monthly Cash Flow
-$3,976/mo
Estimated Rent
$4,895/mo
Cash-on-Cash
-16.11%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,895 |
| Mortgage | −$6,209 |
| Property Tax | −$1,068 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,124 |
| Vacancy (5%) | −$245 |
| Cash Flow | -$3,976/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$58,740 |
| Vacancy (5%) | −$2,937 |
| Property Tax | −$12,816 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,490 |
| Annual NOI | $26,797 |
| Cap Rate | 1.99% |
Cash Required to Close
| Down Payment (20%) | $269,800 |
| Ontario Land Transfer Tax | $23,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $296,255 |
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.