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Investment signal

$995,000

83 JOHN GARLAND BOULEVARD

Beds

Baths

3.1

Sqft

—

Year

—

Location

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About this home

This spacious 4 + 2 bedroom, 3-bathroom home offers exceptional versatility, sitting on an oversized 61' x 107' ft lot (approx. 6,200 sq ft) with parking for up to 6 cars. Fully renovated and move-in ready, the property is packed with income potential and flexible living space.The home features a bright sunroom and a legally built rear addition complete with a separate entrance, bedroom, living area, and full bath-perfect for in-laws, guests, or additional rental income. The finished basement includes an extra bedroom and is currently rented for $1,800/month to a reliable, long-term tenant who can stay or vacate based on your preference. Everything you need is right here-grocery store just around the corner, easy access to TTC, and Humber College North Campus only minutes away. Parks, schools, shopping plazas, and more are all within walking distance. Additional highlights include a garage with remote opener and ready-to-go architectural plans to build a second floor, offering even greater future income or living space potential. Top 5 Reasons You'll Love This Home: 1. Strong rental income with established, 2. Reliable tenants, 3. Legally built rear suite with separate entrance, 4. Fully renovated with sunroom and finished basement, 5. Second-floor expansion plans ready, Prime walkable location near TTC and Humber College. Seller is offering VTB (Vendor Take-Back) financing at a rate lower than traditional banks-an excellent opportunity for qualified buyers. (id:65958)

Subtype: Single Family
Structure: House
Community: Mount Olive-Silverstone-Jamestown
Common interest: Freehold
Lot dimensions: 61.2 x 107.5 FT
Bedrooms: 4 above grade, 1 below grade
Parking: 6 total
On market: Apr 15, 2026
Status changed: Apr 15, 2026
Annual tax: $3,679.95
Zoning: Residential
Photos: 19
MLS#: W13002228
Area: TORONTO_(MOUNT_OLIVE-SILVERSTONE-JAMESTOWN)

Features and systems

Parking

Garage

Basement

Apartment in basementSeparate entranceN/AN/A

Appliances

Water Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

HardwoodLaminateCeramic

Foundation

Poured Concrete

Lot

Carpet FreeIn-Law Suite

Negative cash flow ~$1,087/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.55%

Cap rate

3.55%

GRM

16.7

Break-even rent

$6,119

Financing

Down payment$199,000

Loan amount$796,000

Mortgage$4,033/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$456

Insurance$80

Maintenance$829

CapEx reserve$415

Vacancy loss$249

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Mount Olive-Silverstone-Jamestown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,033/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.