
40 Benway Drive, Toronto W10
Toronto W10
$868,000
Cash flow, cap rate & mortgage breakdown
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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
Investment Analysis
Key Facts
Type
Detached
Bedrooms
4
Bathrooms
2
Days on Market
9
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,200/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to this well maintained bungalow in a quiet neighbourhood of Etobicoke. This home offers 3 bedrooms and 2 bathrooms. The large living room has a large window and fireplace feature for comfortable gatherings. The separate dining room complement this home providing wonderful space to gather with family and friends. The kitchen layout is functional and ready to prepare fan favorite meals. The main floor bathroom has been recently updated with a tiled and glass shower. The original hardwood flooring in the bedrooms and dining room have been meticulously cared for. There is neutral coloured carpet in the hallways and living room, however underneath you will be surprised to find the same beautiful hardwood. The basement is finished and functional with a large recreation room, additional bedroom, den/study, laundry room and workshop. There are possibilities in the basement to suit your family needs and/or multigenerational living. The backyard is fully fenced with lots of beautiful trees, hedges and perennials for amazing privacy and natural beauty. From the backyard, you can enter the house through the doorway that takes you to the kitchen or basement entry. The attached, single car garage also provides backyard access. Storage in this home is plentiful with many cupboards, storage areas in the basement and a garage loft. This home is conveniently located with easy access to HWY 401 and 427 for quick trips to Pearson Airport or downtown Toronto! Public transit (TTC) stops are within walking distance to Kipling Ave. This community is close to elementary, high schools, libraries and places of worship. Please review the Property Features and check the property website at 40benway.com This home is waiting for your personal touch! This home will be very suitable for downsizers, first-time home buyers or families waiting to make memories in this lovely home! Don't wait, come see this beauty today!
MississaugaInvestor.ca
40 Benway Drive
Detached · 4bd/2ba · ~1,300 sqft
$868,000
Cash-Flow Report · August 3, 2026
Cap Rate
1.94%
Monthly Cash Flow
-$2,590/mo
Estimated Rent
$3,200/mo
Cash-on-Cash
-16.32%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,200 |
| Mortgage | −$3,995 |
| Property Tax | −$687 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$723 |
| Vacancy (5%) | −$160 |
| Cash Flow | -$2,590/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$38,400 |
| Vacancy (5%) | −$1,920 |
| Property Tax | −$8,246 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$8,680 |
| Annual NOI | $16,854 |
| Cap Rate | 1.94% |
Cash Required to Close
| Down Payment (20%) | $173,600 |
| Ontario Land Transfer Tax | $13,835 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $190,435 |
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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