
1373 Pharmacy Avenue, Toronto E04
Toronto E04
$1,075,000
Cash flow, cap rate & mortgage breakdown
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Listed by THE CANADIAN HOME REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
2
Days on Market
1
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
**Detached bungalows with income potential on premium lots are a rare find in Toronto** - Welcome to 1373 Pharmacy Ave! Located in the desirable Wexford-Maryvale community, this well-maintained detached bungalow sits on a premium 45 x 100 ft lot widening to approximately 57 ft at the rear, offering exceptional outdoor space, privacy, and long-term value.The main floor features 3 spacious bedrooms, 1 full bathroom, and a bright, functional layout with plenty of natural light. The bungalow design provides comfortable single-level living, perfect for families, first-time buyers, or those looking to downsize without compromising on space.The finished basement with a separate entrance adds incredible flexibility, featuring 2 additional bedrooms, 1 full bathroom, brand-new flooring, and fresh paint throughout. Whether used for extended family, a private workspace, additional living space, or future income potential, this lower level provides options to suit your lifestyle. Enjoy the convenience of a single-car garage and a private extra-wide driveway accommodating up to 3 vehicles. The spacious rear yard and widening lot provide excellent outdoor space rarely found in Toronto.The location is the true highlight of this property. **Situated on Pharmacy Avenue with TTC access nearby, this home offers quick connections to Highway 401, Don Valley Parkway, and major routes across Toronto. Enjoy being minutes from Parkway Mall, Fairview Mall, Scarborough Town Centre, Costco, schools, parks, restaurants, grocery stores, and everyday amenities.** Whether you are a first-time buyer entering the Toronto market, a growing family looking for more space, or an investor seeking a detached home with income potential, 1373 Pharmacy Ave offers the perfect combination of location, flexibility, and value.A rare opportunity to own a detached bungalow on a premium widening lot in one of Toronto's most convenient neighbourhoods.
MississaugaInvestor.ca
1373 Pharmacy Avenue
Detached · 5bd/2ba · ~1,300 sqft
$1,075,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.72%
Monthly Cash Flow
-$2,507/mo
Estimated Rent
$4,645/mo
Cash-on-Cash
-12.75%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,645 |
| Mortgage | −$4,948 |
| Property Tax | −$851 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$896 |
| Vacancy (5%) | −$232 |
| Cash Flow | -$2,507/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$55,740 |
| Vacancy (5%) | −$2,787 |
| Property Tax | −$10,213 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$10,750 |
| Annual NOI | $29,290 |
| Cap Rate | 2.72% |
Cash Required to Close
| Down Payment (20%) | $215,000 |
| Ontario Land Transfer Tax | $17,975 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $235,975 |
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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