
239 Island Road, Toronto E10
Toronto E10
$1,099,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE ASSOCIATES REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to this beautifully maintained 4+4 bedroom, 4 full bathroom home in the highly desirable Port Union community of Scarborough. Offering over two levels of thoughtfully designed living space, this property is ideal for large or multigenerational families, or savvy buyers seeking excellent rental income potential. The main level features bright and spacious principal rooms, generous-sized bedrooms, and a functional layout perfect for everyday living. The ground-level walkout basement is fully finished with 4 additional bedrooms, 2 full bathrooms, a separate kitchen, and its own private entrance-making it an ideal in-law suite or income-generating apartment. Outside, enjoy an oversized private driveway with parking for up to 6 vehicles, plus a large heated detached garage accommodating 2 additional vehicles, offering plenty of space for cars, hobbies, or a workshop. Perfectly located just minutes from Lake Ontario waterfront trails, Rouge National Urban Park, Port Union Village Common, schools, parks, shopping, restaurants, and everyday conveniences. Commuters will appreciate quick access to Highway 401, Rouge Hill GO Station, TTC bus routes, and easy connections throughout the GTA.
MississaugaInvestor.ca
239 Island Road
Detached · 7bd/4ba · ~2,250 sqft
$1,099,000
Cash-Flow Report · July 31, 2026
Cap Rate
3.2%
Monthly Cash Flow
-$2,130/mo
Estimated Rent
$5,200/mo
Cash-on-Cash
-10.59%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,200 |
| Mortgage | −$5,059 |
| Property Tax | −$870 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$916 |
| Vacancy (5%) | −$260 |
| Cash Flow | -$2,130/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$62,400 |
| Vacancy (5%) | −$3,120 |
| Property Tax | −$10,441 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,990 |
| Annual NOI | $35,149 |
| Cap Rate | 3.2% |
Cash Required to Close
| Down Payment (20%) | $219,800 |
| Ontario Land Transfer Tax | $18,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $241,255 |
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
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