
314 Morrish Road, Toronto E10
Toronto E10
$1,199,999
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
6
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,800/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to a beautifully renovated 4+1 room, 3-bathroom home in the prestigious Highland Creek community. Set on a rare 50 x 278 ft deep lot, this property offers significant long-term value and flexibility for investors, custom home builders, or end-users. Over $100,000 has been invested in renovations, featuring a modern layout with a kitchen that includes an island, gas stove, and black stainless steel appliances. A 360 sq. ft. addition was completed with a permit, providing additional functional living space to the floor plan, complemented by pot lights throughout the interior and exterior. Technical specifications include an upgraded 200 AMP electrical panel and a Lorex security system. A 2023 survey is available for review. The exterior features a double garage and a 4-car driveway with no sidewalk, maximizing the frontage and parking capacity. Given the lot depth, there is potential to explore further renovations, a custom build, or a garden suite. This home is located minutes from the University of Toronto Scarborough campus and is in close proximity to parks, trails, schools, and everyday amenities.
MississaugaInvestor.ca
314 Morrish Road
Detached · 5bd/6ba · ~1,750 sqft
$1,199,999
Cash-Flow Report · August 2, 2026
Cap Rate
1.44%
Monthly Cash Flow
-$4,088/mo
Estimated Rent
$3,800/mo
Cash-on-Cash
-18.62%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,800 |
| Mortgage | −$5,523 |
| Property Tax | −$950 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,000 |
| Vacancy (5%) | −$190 |
| Cash Flow | -$4,088/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$45,600 |
| Vacancy (5%) | −$2,280 |
| Property Tax | −$11,400 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$12,000 |
| Annual NOI | $17,220 |
| Cap Rate | 1.44% |
Cash Required to Close
| Down Payment (20%) | $239,999.8 |
| Ontario Land Transfer Tax | $20,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,474.8 |
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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