1402 Mayview Avenue, Carlington - Central Park

$874,000
1402 Mayview Avenue

$874,000

New
17d
Semi-Detached 2-Storey

1402 Mayview Avenue, Carlington - Central Park

Total Monthly Obligation $4,496

Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
17d
Score
16
Yield
4.1%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Semi-Detached
MLS® Number-X13865608
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-24.9 × 99.64 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$7,149 (2026)
Parking-3 - Attached
Basement-Full, Separate Entrance, Apartment
Heating-Forced Air (Gas)
Brokerage-FIDACITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-5301 - Carlington
Title-Residential Freehold

No agent assigned

Welcome to 1402 Mayview Ave - This 2021 Semi Detach with Secondary Dwelling Unit is perfect as an income property or a multi-generational home! The upper unit features 3 bedrooms and 3 baths, with a bright, open main floor boasting a large family room, dining area, and kitchen. Upstairs, enjoy a spacious primary bedroom with a 5-piece ensuite and walk-in closet, 2 additional bedrooms, a 3-piece bath, and convenient 2nd-floor laundry. The lower unit is a 2-bedroom, 1-bath apartment with large windows for abundant natural light, radiant floor heating, a family room, den, kitchen, and in-unit laundry. The large backyard and proximity to schools, parks, and amenities make this property a must-see! Unit A Tenant is Month to Month, Unit B signed Lease Oct 2026. Total Monthly Rent 4780$/month combined (tenant pays own hydro, landlord pays water and gas)

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%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$699,200
Land Transfer Taxes$13,955
Legal Fees (Est.)
$
Total cash required for closing$190,255

Total Monthly Obligation

$4,496/mo
Mortgage $3,525
Monthly Loss $3,569
Principal$928
Interest$2,598
Property Tax$596
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,000/yr
NOI
$20,751/yr
Net Cash Flow
-$1,796/mo
Cash Margin
-59.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1402 Mayview Avenue

Time

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