
741 Milverton Boulevard, Toronto E03
Toronto E03
$899,000
Cash flow, cap rate & mortgage breakdown
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Listed by MODERN SOLUTION REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
1
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$2,900/mo
Estimated from market price-to-rent ratios
Remarks
Charming renovated detached bungalow on a 20 x 87 ft lot in desirable Woodbine-Lumsden, East York, a short walk to Woodbine subway station for an easy ride downtown and across the city, and close to Danforth shops, parks, schools, the Beach and key routes including the DVP and Gardiner/QEW. Thoughtfully updated with engineered bamboo flooring, crystal light fixtures, potlights, and a bright living space, this home features a chef's kitchen with granite counters and backsplash, stainless steel appliances including Bertazzoni Italian gas range, double stainless steel sink and walk-out to the backyard deck. Extensive 2018 improvements include central air conditioning, electrical panel, roof, doors, front and back decks, baseboards, trim/mouldings, front patio enclosure, carport and a sump pump for added peace of mind - creating extra comfort, efficiency and additional covered outdoor and storage space. Washer and dryer replaced in 2019. Custom finished basement in 2020 with fresh laminate flooring, two flexible bedrooms or bedroom plus family room, a 3-piece ensuite and convenient laundry, ideal for guests, work-from-home or future income potential (where permitted). Private lane access with parking for two cars, with flexibility to add more spaces if desired. Move in and enjoy now, with the flexibility to add a storey or explore future redevelopment.
MississaugaInvestor.ca
741 Milverton Boulevard
Detached · 3bd/2ba · ~700 sqft
$899,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.43%
Monthly Cash Flow
-$3,069/mo
Estimated Rent
$2,900/mo
Cash-on-Cash
-18.67%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$2,900 |
| Mortgage | −$4,138 |
| Property Tax | −$712 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$749 |
| Vacancy (5%) | −$145 |
| Cash Flow | -$3,069/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$34,800 |
| Vacancy (5%) | −$1,740 |
| Property Tax | −$8,541 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,990 |
| Annual NOI | $12,829 |
| Cap Rate | 1.43% |
Cash Required to Close
| Down Payment (20%) | $179,800 |
| Ontario Land Transfer Tax | $14,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,255 |
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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