
669 Greenwood Avenue, Toronto E03
Toronto E03
$1,199,000
Cash flow, cap rate & mortgage breakdown
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Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
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
Legal Suite (+$1,700/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to 669 Greenwood Avenue-a fully detached, classic brick 2-storey home that delivers the kind of space, flexibility, and location that rarely comes together in one property. With nearly 2,000 sq ft above grade, this is one of the larger homes in the neighbourhood and it shows in both its scale and presence on the street. Currently configured as 2 unit home with the potential for 3rd unit in basement for strong mortgage helper, it's also easy to use as single family. Over $150k in renovations with updated electrical 200 amp (knob & tube removed), all new plumbing, 2 brand new kitchens, updated bathrooms and more. It's ready to go! Set in a true "walker's paradise" with a 97 Walk Score, the lifestyle here is unmatched. Walk to Greenwood subway in only 2 minutes! Stroll to the Danforth for some of the city's best and most diverse restaurants, head down to the Beach, or explore the vibrant shops and cafes of Leslieville - all without needing a car. A few short subway stops to Yonge & Bloor - the very core! Your private detached garage can be used for parking, storage, or both. The possibilities are truly endless in a location that simply cannot be beat.
MississaugaInvestor.ca
669 Greenwood Avenue
Detached · 5bd/2ba · ~1,750 sqft
$1,199,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.63%
Monthly Cash Flow
-$2,895/mo
Estimated Rent
$5,050/mo
Cash-on-Cash
-13.2%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,050 |
| Mortgage | −$5,519 |
| Property Tax | −$949 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$999 |
| Vacancy (5%) | −$253 |
| Cash Flow | -$2,895/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,600 |
| Vacancy (5%) | −$3,030 |
| Property Tax | −$11,391 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,990 |
| Annual NOI | $31,489 |
| Cap Rate | 2.63% |
Cash Required to Close
| Down Payment (20%) | $239,800 |
| Ontario Land Transfer Tax | $20,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,255 |
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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