
121 Medland Street, Toronto W02
Toronto W02
$1,499,000
Cash flow, cap rate & mortgage breakdown
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Listed by HOMELIFE/MIRACLE REALTY LTD
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
6
Bathrooms
4
Days on Market
4
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for duplex based on GTA rental market data
Remarks
Situated on a mature tree lined street near High Park, The Junction, and Bloor West Village, this move in ready legal duplex offers exceptional versatility for end users, multigenerational families, or buyers looking to supplement their mortgage. Freshly painted in neutral tones throughout, the property features three distinct self contained suites, four washrooms across all levels, and dedicated laundry with updated machines for each unit.The spacious upper residence spans the second and third floors, featuring three bright bedrooms, two washrooms, plus a functional den ideal for a primary home, family living, or dedicated office space. The main floor unit offers a charming one bedroom layout with a full washroom and a direct walkout to a deep, tranquil backyard shaded by a lush tree canopy. Completing the layout is a fully self contained lower level apartment complete with its own kitchen and washroom, currently rented for an immediate and steady income stream.Exterior features include a durable metal roof and two legal rear parking spaces accessed via a shared laneway, with potential to legalize a third space at the front. Located steps from artisanal coffee shops, vibrant dining, local boutiques, and transit, this turn key property offers the perfect combination of space, lifestyle, and financial flexibility in a premier Toronto neighborhood.
MississaugaInvestor.ca
121 Medland Street
Duplex · 6bd/4ba · ~1,750 sqft
$1,499,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.67%
Monthly Cash Flow
-$4,811/mo
Estimated Rent
$5,000/mo
Cash-on-Cash
-17.53%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$5,000 |
| Mortgage | −$6,900 |
| Property Tax | −$1,187 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,249 |
| Vacancy (5%) | −$250 |
| Cash Flow | -$4,811/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$60,000 |
| Vacancy (5%) | −$3,000 |
| Property Tax | −$14,241 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$14,990 |
| Annual NOI | $25,069 |
| Cap Rate | 1.67% |
Cash Required to Close
| Down Payment (20%) | $299,800 |
| Ontario Land Transfer Tax | $26,455 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $329,255 |
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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