
18 Edgewood Avenue, Toronto E02
Toronto E02
$1,199,990
Cash flow, cap rate & mortgage breakdown
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Listed by POPE REAL ESTATE LIMITED
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
2
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
Rare opportunity in Toronto's highly sought-after Upper Beach neighbourhood. Built in 1920 and situated on a prominent corner lot at Edgewood Avenue and Maughan Crescent, this detached 2+2 bedroom duplex offers exceptional flexibility for investors, multi-generational families, or those seeking a home with income potential in one of the city's most desirable east-end communities. Featuring two self-contained units, this property presents an excellent opportunity for both end-users and investors.The vacant upper unit offers immediate occupancy or the opportunity to secure market rent, while the main floor is occupied by a long-standing family who have called the property home for nine years and have an established history of timely rent payments, providing dependable income from day one. Gas, hydro, and water are separately metered. The lower level is currently utilized as a laundry and storage area with a separate entrance. Recent improvements include a newer roof (2020), upgraded electrical service (2021), NAVIEN high-efficiency combi boiler (2022), updated upper-level kitchen with new appliances (2026), and new garage doors (2026).The beautifully landscaped corner lot was thoughtfully enhanced by the current owners and features mature Emerald Cedars, Beech, and Copper Beech trees, creating a private setting with outstanding curb appeal. A detached double-car garage, double private driveway, and parking for up to four vehicles complete this exceptional offering. Enjoy the best of Upper Beach living with easy access to The Beaches, parks, schools, community centres, local cafes, restaurants, shopping, and TTC transit. Minutes to downtown while surrounded by the charm and character of a well-established residential community. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a quality investment property to your portfolio, this versatile duplex offers long-term potential in a thriving neighbourhood.
MississaugaInvestor.ca
18 Edgewood Avenue
Detached · 4bd/2ba · ~1,300 sqft
$1,199,990
Cash-Flow Report · July 31, 2026
Cap Rate
2.14%
Monthly Cash Flow
-$3,380/mo
Estimated Rent
$4,545/mo
Cash-on-Cash
-15.39%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,545 |
| Mortgage | −$5,523 |
| Property Tax | −$950 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,000 |
| Vacancy (5%) | −$227 |
| Cash Flow | -$3,380/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,540 |
| Vacancy (5%) | −$2,727 |
| Property Tax | −$11,400 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,000 |
| Annual NOI | $25,713 |
| Cap Rate | 2.14% |
Cash Required to Close
| Down Payment (20%) | $239,998 |
| Ontario Land Transfer Tax | $20,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,473 |
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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