
1623 Keele Street, Toronto W03
Toronto W03
$899,999
Cash flow, cap rate & mortgage breakdown
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Listed by REMAX YOUR COMMUNITY REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
5
Bathrooms
3
Days on Market
22
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Finished Basement
Rent Estimate
$3,450/mo
Estimated from market price-to-rent ratios
Remarks
TOP-TO-BOTTOM RENOVATED DETACHED HOME WITH NEW APPLIANCES IN PRIME KEELE & ROGERS LOCATION! An Incredible Opportunity For Homeowners & Investors Alike! This Fully Renovated Detached 2-Storey Home Features Two Completely Self-Contained, Currently Tenanted, Renovated Apartments, Each Offering Private Front And Rear Entrances, New Appliances, Separate Hydro Meters, Ensuite Laundry & Modern Finishes Throughout. The Lower-Level Unit Also Features Heated Floors For Year-Round Comfort. Enjoy A Private, Fully Fenced Yard With Laneway Parking For Up To Four Small Vehicles. Ideally Located With TTC At Your Doorstep & Just Minutes To The Eglinton LRT, Downtown Toronto, Major Highways, Schools, Parks, Shopping, Restaurants, Cafés & Everyday Amenities. Whether You're Looking For Multi-Generational Living, A Mortgage-Helper Opportunity, Or A Turnkey Investment Property With Strong Income Potential, This Versatile Home Delivers Exceptional Value. *Sold As-Is/Where-Is* PROPERTY HIGHLIGHTS: *Two Self-Contained Apartments *Private Front And Rear Entrances For Each Unit *Separate Hydro Meters *Ensuite Laundry In Both Units *Heated Basement Floors *New Appliances Throughout *Private Fenced Yard *Laneway Parking For Up To 4 Small Vehicles *TTC At Your Doorstep *Minutes To The Eglinton LRT, Downtown Toronto, Schools, Parks, Shopping And More. A Rare Opportunity To Own Two Homes In One In A Rapidly Growing Toronto Neighbourhood! *SELLER OFFERING VTB TO QUALIFIED BUYERS & OPTION TO PURCHASE THE CORPORATION*
MississaugaInvestor.ca
1623 Keele Street
Detached · 5bd/3ba · ~2,750 sqft
$899,999
Cash-Flow Report · August 1, 2026
Cap Rate
2.12%
Monthly Cash Flow
-$2,554/mo
Estimated Rent
$3,450/mo
Cash-on-Cash
-15.52%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,450 |
| Mortgage | −$4,143 |
| Property Tax | −$713 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$750 |
| Vacancy (5%) | −$173 |
| Cash Flow | -$2,554/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$41,400 |
| Vacancy (5%) | −$2,070 |
| Property Tax | −$8,550 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,000 |
| Annual NOI | $19,080 |
| Cap Rate | 2.12% |
Cash Required to Close
| Down Payment (20%) | $179,999.8 |
| Ontario Land Transfer Tax | $14,475 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $197,474.8 |
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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