8 Highbourne Road 1, Toronto C02

$1,488,000
8 Highbourne Road 1

$1,488,000

New
28d
Condo Townhouse2-Storey

8 Highbourne Road 1, Toronto C02

Total Monthly Obligation $7,075

Bed+Den
4+1
Baths
3
Park
1
Sqft
1600-1799
DOM
28d
Score
16
Yield
4.1%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Condo Townhouse
MLS® Number-C13827028
Bed+Den-4+1
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-11-15
Taxes-$5,524.64 (2026)
Maintenance-$412.77/mo
Locker-None
Parking-1 - Attached
Basement-Separate Entrance, Finished
Heating-Radiant (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Exterior-Stone, Concrete
Possession-90 days
Neighbourhood-Yonge-St. Clair
Title-Residential Condo & Other

No agent assigned

Behind the stately façade of 8 Highbourne Road is a remarkably spacious Forest Hill residence offering over 1,700 square feet of living space across two thoughtfully arranged levels. With 3+1 bedrooms and three bathrooms, this condominium townhouse delivers the scale and versatility of a house with the ease of condominium ownership. The open-concept main level creates a natural gathering place, with hardwood flooring, crown moulding, recessed lighting and radiant in-floor heating. A dramatic full-height stone gas fireplace anchors the living area, while expansive windows and a glass door fill the space with natural light and extend the living space onto an open balcony with a leafy outlook. At the centre of the home is a substantial kitchen designed for both everyday life and entertaining. Full-height cabinetry provides an impressive amount of storage, while quartz countertops, a generous centre island with seating, a gas cooktop and stainless steel appliances create a space that is as functional as it is inviting. The flexible additional room can serve as a private office, den, guest room or quiet retreat, while extensive internal storage, in-suite laundry, three ceiling-mounted air-conditioning units and direct access from the attached garage add everyday practicality. Complete with one exclusive-use garage parking space and exceptionally low monthly maintenance fees, this is an offering that is difficult to replicate at this price point in Forest Hill. Step outside and enjoy one of Toronto's most established neighbourhoods, with green space directly across Chaplin Crescent and shops, restaurants and transit nearby. UCC is practically at the doorstep, BSS is close by, and Deer Park Public School and North Toronto Collegiate are among the area's respected schools. Spacious, warm and exceptionally well located, this is an opportunity to enjoy the Forest Hill lifestyle with room to make the home entirely your own.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,190,400
Land Transfer Taxes$26,235
Legal Fees (Est.)
$
Total cash required for closing$325,335

Total Monthly Obligation

$7,075/mo
Mortgage $6,002
Monthly Loss $5,496
Principal$1,579
Interest$4,423
Property Tax$460
Condo Fees$413
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%23
10-Year IRR
9.0%
Returns Index
13.0/ 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
$60,468/yr
NOI
$41,543/yr
Net Cash Flow
-$2,540/mo
Cash Margin
-50.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
15.3/ 100

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

Comparables

Properties near 8 Highbourne Road 1

Time

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