38 Marta Avenue, Toronto E04
Toronto E04
$849,999
Cash flow, cap rate & mortgage breakdown
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Listed by CITYSCAPE REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
8
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
Welcome to 38 Marta Ave! A well-loved bungalow offering space, versatility, and endless possibilities in the heart of Clairlea-Birchmount. Featuring 3 bedrooms on the main floor plus a separate 2-bedroom basement apartment with its own kitchen and entrance, this home is ideal for multigenerational families, first-time buyers, or investors. Enjoy recent improvements including a beautiful patio upgrade (2023), upper-floor window replacements (2023), and a new furnace (2025). Located close to schools, parks, shopping, TTC, and everyday conveniences, this home combines comfort and opportunity in one of Toronto's welcoming east-end communities.
MississaugaInvestor.ca
38 Marta Avenue
Detached · 5bd/2ba · ~900 sqft
$849,999
Cash-Flow Report · July 31, 2026
Cap Rate
3.49%
Monthly Cash Flow
-$1,438/mo
Estimated Rent
$4,295/mo
Cash-on-Cash
-9.25%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,295 |
| Mortgage | −$3,912 |
| Property Tax | −$673 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$708 |
| Vacancy (5%) | −$215 |
| Cash Flow | -$1,438/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$51,540 |
| Vacancy (5%) | −$2,577 |
| Property Tax | −$8,075 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,500 |
| Annual NOI | $29,688 |
| Cap Rate | 3.49% |
Cash Required to Close
| Down Payment (20%) | $169,999.8 |
| Ontario Land Transfer Tax | $13,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $186,474.8 |
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
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