
188 Rosemount Avenue, Toronto W03
Toronto W03
$999,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by BOSLEY REAL ESTATE LTD.
Investment Analysis
Key Facts
Type
Semi-Detached
Bedrooms
5
Bathrooms
3
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
Suite Potential (+$1,445/mo)
Rent Estimate
Estimated from market price-to-rent ratios · Verify suite legality with the City of Mississauga
Remarks
An incredible opportunity to own one of Corso Italia's most distinctive homes. Originally a Victorian-era corner storefront, this remarkable property has been thoughtfully reimagined into a welcoming, loft-inspired residence and creative hub. Exposed brick, soaring ceilings, oversized windows, and curated modern updates celebrate the building's history while creating an inspiring and versatile home. Offering approximately 2,300 sq. ft. of character-filled living space, including a finished lower level (1,535 sq. ft. above grade), the flexible floor plan features dramatic 13-foot living room ceilings, three bedrooms, two full bathrooms, and a coveted main floor powder room. The eat-in galley kitchen offers quartz counters, abundant storage, and a custom corner banquette. An oversized skylight above the open staircase fills the heart of the home with natural light. Upstairs, the spacious primary retreat features a wall-to-wall closet system, south-facing window, and room for a king-size bed with a dressing area. Two additional bedrooms, a full-size laundry room, and a charming bath with clawfoot tub and water closet nook blend character with everyday practicality. The finished basement, with two separate entrances, is currently configured as an in-law suite and offers income potential or additional single-family living space. A second lower-level room is ideal as a home office or extra bedroom. A benefit of this corner property is the expansive fenced yard, creating an exceptionally generous private garden with S/E exposure + 2 car private driveway. With two municipal addresses (100 Via Italia & 188 Rosemount Ave.), remarkable architectural character, and exceptional flexibility for families, creatives, entrepreneurs, or multigenerational living, this truly one-of-a-kind home is steps to transit, cafés, restaurants, parks, and everything that makes Corso Italia one of Toronto's most beloved neighbourhoods.
MississaugaInvestor.ca
188 Rosemount Avenue
Semi-Detached · 5bd/3ba · ~1,750 sqft
$999,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.79%
Monthly Cash Flow
-$2,272/mo
Estimated Rent
$4,395/mo
Cash-on-Cash
-12.43%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,395 |
| Mortgage | −$4,598 |
| Property Tax | −$791 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$833 |
| Vacancy (5%) | −$220 |
| Cash Flow | -$2,272/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$52,740 |
| Vacancy (5%) | −$2,637 |
| Property Tax | −$9,491 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$9,990 |
| Annual NOI | $27,922 |
| Cap Rate | 2.79% |
Cash Required to Close
| Down Payment (20%) | $199,800 |
| Ontario Land Transfer Tax | $16,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $219,255 |
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
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.