
308 Springdale Boulevard, Toronto E03
Toronto E03
$1,080,000
Cash flow, cap rate & mortgage breakdown
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Listed by BOSLEY REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,100/mo
Estimated from market price-to-rent ratios
Remarks
Detached charmer offers a blend of character, modern updates plus an opportunity to put your own stamp on it if you wish. New windows and 2 exterior doors installed in 2020, renovated, gorgeous kitchen 2019, features excellent storage, a smart layout, great natural light. Heat pump installed 2022, offers energy efficiency & a reduced carbon footprint. The enclosed front porch creates an ideal mudroom or sunlit entry. Inside, the open yet defined living/dining rooms feature bamboo flooring, dining area is accented by contemporary wallpaper and wood detailing. Enjoy multiple outdoor zones including a deck with BBQ gas line, a separate patio, and raised plant beds. Spacious storage shed built 2024, has potential as a home office or playhouse. Solar string lights cast a warm glow over the patio at night. Lower level family room with great height, a gas fireplace & ceramic flooring provides a comfortable retreat. Recently upgraded fixtures in 2nd floor bathroom. Wide mutual drive, parking space will accommodate a mid-size SUV. Located close to Michael Garron Hospital, only a 10-15 minute walk to the Danforth, the Woodbine/Danforth Subway, East Lynn Park & seasonal Farmers Market, Local schools are R H McGregor, Cosburn Middle School and East York Collegiate, all with French immersion. 5 Minutes to Earl Beatty Community Centre, Walter Stewart library is a 20 minute walk or a 5 minute drive, library has free parking. Just north of the Library is Cosburn lawn bowling & tennis club. One kilometer to Stan Wadlow Park & East York curling club. This quiet, sleeper neighbourhood has so much to offer! Total Living space is 1623 Sq Ft. Floor plans available, sunroom not included in main floor sq. footage.
MississaugaInvestor.ca
308 Springdale Boulevard
Detached · 3bd/2ba · ~900 sqft
$1,080,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.07%
Monthly Cash Flow
-$4,006/mo
Estimated Rent
$3,100/mo
Cash-on-Cash
-20.28%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,100 |
| Mortgage | −$4,971 |
| Property Tax | −$855 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$900 |
| Vacancy (5%) | −$155 |
| Cash Flow | -$4,006/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$37,200 |
| Vacancy (5%) | −$1,860 |
| Property Tax | −$10,260 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,800 |
| Annual NOI | $11,580 |
| Cap Rate | 1.07% |
Cash Required to Close
| Down Payment (20%) | $216,000 |
| Ontario Land Transfer Tax | $18,075 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $237,075 |
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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