
93 Northcliffe Boulevard, Toronto W03
Toronto W03
$1,999,000
Cash flow, cap rate & mortgage breakdown
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Investment Analysis
Key Facts
Type
Fourplex
Bedrooms
8
Bathrooms
4
Days on Market
3
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for fourplex based on GTA rental market data
Remarks
Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering 4,329 SqFt of living space plus a 2,000+ SqFt basement (divided into 4 separate storage/hobby/laundry rooms for each of the 4 tenants). Each of the four spacious units ranges between 1,000-1,200 SqFt and features 2 bedrooms, with every tenant enjoying access to approximately 500 SqFt of independently accessed basement space. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods. NOI approx $98K annually. Financials attached to listing.
MississaugaInvestor.ca
93 Northcliffe Boulevard
Fourplex · 8bd/4ba · ~4,250 sqft
$1,999,000
Cash-Flow Report · July 31, 2026
Cap Rate
2.71%
Monthly Cash Flow
-$4,695/mo
Estimated Rent
$8,400/mo
Cash-on-Cash
-12.83%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$8,400 |
| Mortgage | −$9,201 |
| Property Tax | −$1,583 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,666 |
| Vacancy (5%) | −$420 |
| Cash Flow | -$4,695/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$100,800 |
| Vacancy (5%) | −$5,040 |
| Property Tax | −$18,991 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$19,990 |
| Annual NOI | $54,079 |
| Cap Rate | 2.71% |
Cash Required to Close
| Down Payment (20%) | $399,800 |
| Ontario Land Transfer Tax | $36,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $439,255 |
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
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