LiveMLS E13794908Buy & hold

6 ATHLONE ROAD · Detached rental

Toronto, ON · Detached rental · 1 unit

$1,100,000listed

Workable offer

Toronto market brief →

RentCapPrice/door

Score

DSCR

Cash to close

All-in with reserves

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What this listing is

6 ATHLONE ROAD is a detached rental in Toronto, ON, asking $1,100,000 — $1,100,000 per door.

That sits above the Toronto band of $425k - $750k per door. A price above the band has to be earned by rents, condition, or upside that the listing has not yet shown. Toronto cap rates screen 3.3% - 4.8% against average rent near $2,850 a door.

At 1 unit this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Toronto has unmatched rental depth but income yields are thin and diligence must focus on carry, policy, and execution. Investor demand reads very high, vacancy structurally tight.

Asking price: $1,100,000
Units: 1 unit
Property type: Detached rental
Location: Toronto, ON
Price per door: $1,100,000
Toronto cap band: 3.3% - 4.8%
Toronto average rent: $2,850

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.