
156 Heale Avenue, Toronto E06
Toronto E06
$1,148,800
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by HOMELIFE EAGLE REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
4
Days on Market
1
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
The Perfect Newly Renovated 3+1 Bedroom & 4 Bathroom Detached Home* Family Friendly Birchcliffe-Cliffside Community *Located On A Quiet Cul-de-sac*Timeless Curb Appeal W/ Brick Exterior*No Sidewalk* Finished Basement Apt W/ Separate Entrance* In-Law & Income Potential* Open Concept Living & Dining Room & Spacious Family Room* Large Sunfilled Windows* Smooth Ceilings* Pot Lights* Laminate Floors* Bright Kitchen W/ Modern Cabinets* S/S Appliances* Gas Range*Large Centre Island W/ Sitting* Ample Storage Space W/ Pantry Wall* Dbl Undermount Sink* Breakfast Area & W/O To A Beautiful Deck* Primary Bedroom W/ His & Her Closet* Spa Like Ensuite* All Spacious Bedrooms W/ Expansive Windows & Closets* Finished Basement W/ Separate Entrance *Income / Inlaw Potential* Laminate Flooring* Smooth Ceiling * Pot Lights* Kitchen W/ Eat In Area* 1 Bedrooms* Full 3Pc Bathroom* Fully Fenced Backyard W/ A Shed* Steps To Best Schools, Parks & Public Transit* Walk To THE GO* Extras** All RENOVATIONS Completed In 2026* Don't Miss! Must See!
MississaugaInvestor.ca
156 Heale Avenue
Detached · 4bd/4ba · ~1,750 sqft
$1,148,800
Cash-Flow Report · July 31, 2026
Cap Rate
2.27%
Monthly Cash Flow
-$3,115/mo
Estimated Rent
$4,490/mo
Cash-on-Cash
-14.82%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,490 |
| Mortgage | −$5,288 |
| Property Tax | −$910 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$957 |
| Vacancy (5%) | −$225 |
| Cash Flow | -$3,115/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$53,880 |
| Vacancy (5%) | −$2,694 |
| Property Tax | −$10,914 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,488 |
| Annual NOI | $26,084 |
| Cap Rate | 2.27% |
Cash Required to Close
| Down Payment (20%) | $229,760 |
| Ontario Land Transfer Tax | $19,451 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $252,211 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.