
70 Cockburn Drive, Toronto E10
Toronto E10
$1,299,999
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Detached
Bedrooms
7
Bathrooms
4
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Legal Suite (+$2,000/mo)
Rent Estimate
Estimated from market price-to-rent ratios
Remarks
Welcome to this beautifully maintained home nestled on a quiet, family-friendly street in the desirable Port Union / Centennial Scarborough community. Recently renovated and freshly painted in a bright, neutral palette, this spacious 4+3 bedroom residence offers generous principal rooms filled with natural light throughout, with newly done windows and Copper Wiring, 200 Amp Circuit Breaker, adding to its move-in-ready appeal. The office room on the main floor could easily be used as an additional bedroom. The functional main layout features well-proportioned principal rooms and Chef's Delight kitchen, ideal for both everyday family life and entertaining. The true showstopper is the large, private backyard - a peaceful outdoor retreat perfect for morning coffee, summer barbecues, or unwinding in the evening on the newly built deck. Upstairs - the primary bedroom offers a comfortable retreat, while three additional bedrooms provide ample space for family or guests. A standout feature is the fully finished legal basement with a separate entrance, providing excellent flexibility for In-law suit, extended family, guests, or future income potential. Roof was changed in 2022. Ideally located close to excellent schools, the waterfront trail, Rouge Beach, Rouge River, and Lake Ontario. Steps away from parks, the local library, a recreation center, tennis courts, a skate park, playgrounds, shopping, and transit -including Rouge Hill GO Station. Quick access to TTC and Highway 401 makes commuting easy, and it's just one bus to UTSC and Centennial College.
MississaugaInvestor.ca
70 Cockburn Drive
Detached · 7bd/4ba · ~2,250 sqft
$1,299,999
Cash-Flow Report · August 1, 2026
Cap Rate
2.88%
Monthly Cash Flow
-$2,859/mo
Estimated Rent
$5,750/mo
Cash-on-Cash
-12.02%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,750 |
| Mortgage | −$5,984 |
| Property Tax | −$1,029 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,083 |
| Vacancy (5%) | −$288 |
| Cash Flow | -$2,859/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$69,000 |
| Vacancy (5%) | −$3,450 |
| Property Tax | −$12,350 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,000 |
| Annual NOI | $37,500 |
| Cap Rate | 2.88% |
Cash Required to Close
| Down Payment (20%) | $259,999.8 |
| Ontario Land Transfer Tax | $22,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $285,474.8 |
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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