
57 Herbert Avenue, Toronto E02
Toronto E02
$1,299,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE ESTATE REALTY
Investment Analysis
Key Facts
Type
Att/Row/Townhouse
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 57 Herbert Avenue - a charming, solid-brick end-unit townhome in the heart of Toronto's coveted Beach neighbourhood, offering approximately 2,155 sq. ft. of total living space across three bedrooms and two bathrooms.This rare find comes with laneway access, a detached garage, and private parking - a true rarity in the city. Inside, soaring ceilings and spacious principal rooms create an airy, elegant feel, while a bright main-floor solarium fills the home with natural light. The finished lower level offers a large recreation room with flexible potential as a family room, home office, gym, or guest suite. A generous primary bedroom rounds out this warm, character-filled home.Enjoy an unbeatable lifestyle just steps to Queen Street East's vibrant cafés, restaurants, boutiques, and streetcar, with the beach, waterfront trails, parks, and excellent schools all within walking distance.A rare opportunity to own a spacious, character-filled home with parking and an outstanding location in one of Toronto's most sought-after neighbourhoods - perfectly suited to young families, working professionals, down sizers, couples, and investors alike.
MississaugaInvestor.ca
57 Herbert Avenue
Att/Row/Townhouse · 3bd/2ba · ~1,300 sqft
$1,299,000
Cash-Flow Report · July 31, 2026
Cap Rate
0.65%
Monthly Cash Flow
-$5,275/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-22.19%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$5,979 |
| Property Tax | −$1,028 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$5,275/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$12,341 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,990 |
| Annual NOI | $8,449 |
| Cap Rate | 0.65% |
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
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