
128 Twenty Second Street, Toronto W06
Toronto W06
$1,198,000
Cash flow, cap rate & mortgage breakdown
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Listed by RIGHT AT HOME REALTY
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
8
Price Drop
4%
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,190/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
Welcome to 128 Twenty Second Street, a beautifully reimagined detached 2-storey home offering the perfect blend of modern living, flexibility, and investment potential in one of Etobicoke's most convenient locations, Long Branch. This fully renovated property was transformed top-to-bottom in 2024 with exceptional attention to detail, stylish finishes, and elegant trim work throughout. Designed to suit a variety of lifestyles, this versatile home features two self-contained units, making it ideal for families, investors, or buyers looking to offset their mortgage with rental income. The main floor unit offers 3 spacious bedrooms and 1 beautifully updated bathroom, while the lower-level suite features 1 bedroom and 1 bathroom with its own separate entrance. Both units include independent laundry facilities. One of the standout features of this property is the rare detached garage, a highly sought-after amenity that few homes in the neighbourhood offer, in addition to ample driveway parking. Whether you're looking for a stunning family home, a turnkey income-generating property, or the perfect live-and-rent opportunity, this home checks every box. Located just minutes from Humber College, public transit, major highways, shopping, restaurants, and entertainment, with downtown Toronto only 15-20 minutes away, this is city living with unmatched flexibility and convenience. Don't miss this rare opportunity to own a fully renovated, move-in-ready property with endless potential in a rapidly growing pocket of the city.
MississaugaInvestor.ca
128 Twenty Second Street
Detached · 4bd/2ba · ~1,300 sqft
$1,198,000
Cash-Flow Report · August 1, 2026
Cap Rate
2.14%
Monthly Cash Flow
-$3,372/mo
Estimated Rent
$4,540/mo
Cash-on-Cash
-15.38%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,540 |
| Mortgage | −$5,514 |
| Property Tax | −$948 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$998 |
| Vacancy (5%) | −$227 |
| Cash Flow | -$3,372/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$54,480 |
| Vacancy (5%) | −$2,724 |
| Property Tax | −$11,381 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$11,980 |
| Annual NOI | $25,695 |
| Cap Rate | 2.14% |
Cash Required to Close
| Down Payment (20%) | $239,600 |
| Ontario Land Transfer Tax | $20,435 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $263,035 |
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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