
62 Porchester Drive, Toronto E09
Toronto E09
$769,000
Cash flow, cap rate & mortgage breakdown
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Listed by INTERNATIONAL REALTY FIRM, INC.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$2,650/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to 62 Porchester Drive, Toronto - Offered for the first time in 25 years. Nestled on a quiet, family-friendly street, this freshly painted Semi-detached offers an exceptional opportunity for first-time buyers, investors, or those looking to add their own personal touch. Conveniently located within walking distance to the GO Train, TTC, shops, restaurants, schools and everyday amenities, this home combines comfort with accessibility. The upper level features three spacious bedrooms and a renovated 3-piece bathroom, while the basement includes a 2 piece washroom with an existing rough-ins in place to accommodate a shower. Plumbing and electrical connections are also in place in the basement to accommodate a small kitchen. The updated main floor kitchen (2019) flows seamlessly into a bright and spacious living area, with views overlooking your private deck and fully fenced backyard. Whether you're enjoying your morning coffee, entertaining friends, or hosting family gatherings, this outdoor space offers both privacy and versatility. Recent upgrades include: New washing machine (2026)New microwave (2026)Upgraded air conditioning unit. New bathroom vanity (2026) Fresh paint throughout( 2026) Move-in ready and full of potential, this well-maintained home offers the perfect balance of comfort, convenience, and opportunity.
MississaugaInvestor.ca
62 Porchester Drive
Semi-Detached · 3bd/2ba · ~900 sqft
$769,000
Cash-Flow Report · August 2, 2026
Cap Rate
1.63%
Monthly Cash Flow
-$2,498/mo
Estimated Rent
$2,650/mo
Cash-on-Cash
-17.77%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,650 |
| Mortgage | −$3,540 |
| Property Tax | −$609 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$641 |
| Vacancy (5%) | −$133 |
| Cash Flow | -$2,498/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$31,800 |
| Vacancy (5%) | −$1,590 |
| Property Tax | −$7,306 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$7,690 |
| Annual NOI | $12,514 |
| Cap Rate | 1.63% |
Cash Required to Close
| Down Payment (20%) | $153,800 |
| Ontario Land Transfer Tax | $11,855 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $168,655 |
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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