
255 Strathmore Boulevard, Toronto E03
Toronto E03
$1,538,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
4
Days on Market
2
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
A WALKER'S PARADISE! A MUST SEE! Fabulous & stunning detached brick home in prime East York, offering over 2,500 sq. ft. of living space, including the finished basement. With 4+1 bedrooms, 3.5 bathrooms, plus a large (1.5) detached garage via rear laneway, this bright & refined home offers functionality & modern living, plus potential for a feature laneway suite (subject to city approval).The main floor open-concept area is anchored by a fireplace in the living room, followed by the dining room and a stunning kitchen featuring a quartz centre island, high-end appliances, sleek custom cabinetry & a convenient powder room. A floor-to-ceiling window/door leads to a private patio & garage. Hardwood floors run throughout the main and upper levels of the home, adding elegance.The 2nd floor offers three generous bedrooms with large closets & a beautifully finished 5PC bath. The upper level is dedicated to an expansive primary bedroom with a walk-out to a spacious wooden terrace, creating a retreat-like feel. Complete with two closets, a 3PC ensuite & a wet bar with a small fridge, plus a cozy reading nook, this level is a true private escape.The finished basement with a separate entrance provides incredible flexibility, featuring a large recreation room with a kitchenette, an additional bedroom & laundry, ideal for an extended family, home office, guests, or nanny suite.The home's outdoor spaces are a real plus. Relax on the front porch with its seating area, hang out on the back patio, or take in the view from the terrace off the primary bedroom. Each space feels inviting & private, giving you plenty of ways to enjoy the outdoors. Just a short walk to Greenwood & Coxwell subway stations for an easy commute, excellent schools, parks, trendy shops & restaurants on the vibrant Danforth. A rare opportunity to own a thoughtfully designed & gorgeous family home in a vibrant community.
MississaugaInvestor.ca
255 Strathmore Boulevard
Detached · 5bd/4ba · ~1,750 sqft
$1,538,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.8%
Monthly Cash Flow
-$4,779/mo
Estimated Rent
$5,290/mo
Cash-on-Cash
-16.98%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,290 |
| Mortgage | −$7,079 |
| Property Tax | −$1,218 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,282 |
| Vacancy (5%) | −$265 |
| Cash Flow | -$4,779/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$63,480 |
| Vacancy (5%) | −$3,174 |
| Property Tax | −$14,611 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,380 |
| Annual NOI | $27,615 |
| Cap Rate | 1.8% |
Cash Required to Close
| Down Payment (20%) | $307,600 |
| Ontario Land Transfer Tax | $27,235 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $337,835 |
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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