
661 Beresford Avenue, Toronto W02
Toronto W02
$1,329,900
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX WEST REALTY INC.
Investment Analysis
Key Facts
Type
Detached
Bedrooms
3
Bathrooms
2
Days on Market
32
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,350/mo
Estimated from market price-to-rent ratios
Remarks
Outstanding opportunity in prime Junction! **Approved and rare oversized lot with opportunity to build 2 fourplexes side by side on each 16 ft lot, with plans in place. Lots 661A and 661B severance approval notice of decision is complete** Spacious bungalow, great for handy end user or renovator/investor. Solid brick bungalow on 32' x 154' lot, offering rare oversized frontage and depth, along with a private driveway and a detached two-car garage. Ideal for investors or first-time home buyers. Ideal for builder to build to fourplex units side by side or go back in to city to modify plans to make single family homes side by side on 16 ft lots. Severance is approved by city. Seller has paid all planner cost, severance cost, survey and various other city fees. Buyer to pay development charges when build takes place *dwelling and property in as is condition.
MississaugaInvestor.ca
661 Beresford Avenue
Detached · 3bd/2ba · ~900 sqft
$1,329,900
Cash-Flow Report · August 2, 2026
Cap Rate
0.72%
Monthly Cash Flow
-$5,325/mo
Estimated Rent
$3,350/mo
Cash-on-Cash
-21.88%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,350 |
| Mortgage | −$6,121 |
| Property Tax | −$1,053 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,108 |
| Vacancy (5%) | −$168 |
| Cash Flow | -$5,325/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$40,200 |
| Vacancy (5%) | −$2,010 |
| Property Tax | −$12,634 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$13,299 |
| Annual NOI | $9,557 |
| Cap Rate | 0.72% |
Cash Required to Close
| Down Payment (20%) | $265,980 |
| Ontario Land Transfer Tax | $23,073 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $292,053 |
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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