229 Florence Avenue, Toronto C07

$3,698,000
229 Florence Avenue

$3,698,000

New
25d
Detached2-Storey

229 Florence Avenue, Toronto C07

Total Monthly Obligation $15,987

Beds
5
Baths
6
Park
2
Sqft
3500-5000
DOM
25d
Score
15
Yield
3.1%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-C13836466
Beds-5
Bathrooms-6
Size-3500-5000 sqft
Lot Size-41.67 × 129 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,348 (2025)
Parking-4 - Built-In
Basement-Finished, Walk-Up
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY CONFIDENCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD / 60-90
Neighbourhood-Lansing-Westgate
Title-Residential Freehold

No agent assigned

Welcome to this standout home in the coveted Lansing-Westgate community, on a south-exposed lot with approx. 5,500 sq ft of total living space and 4,100 sq ft above grade! This exceptional, custom-built property is an elegant display of timeless architecture, upscale home features, and uncompromising attention to detail. Includes a private, 4-stop elevator w/ walnut interior, Control4 automation, integrated indoor/outdoor audio, main level office, advanced security w/ 6 color night-vision cameras, central vacuum, 2 AC systems & 2 furnaces, and large fenced backyard. Sophisticated materials and gorgeous finishings found throughout, bespoke millwork & seamlessly integrated technology. Natural stone steps at the exterior & an automated snow-melt system servicing the driveway, porch, steps & side entrance. Inside, a dramatic 15-ft foyer introduces interiors of remarkable scale, with 10-ft ceilings on the main level & expansive floor-to-ceiling windows. Exquisite living & dining rooms feature a gas fireplace, custom wine display, cozy cove lighting, tray ceiling & built-in speakers, while the eat-in chef's kitchen showcases an oversized soapstone island, built-in Miele appliances & generous pantry, opening to a tranquil family room that walks out to the deck. Upstairs, 9.5-ft ceilings continue into a serene primary retreat, with a spa-like 6-pc ensuite w/ heated floors, custom dressing room, built-in minibar & private balcony. Three additional bedrooms upstairs offer ensuite/semi-ensuite access. The professionally finished walk-up basement features dramatic 16-ft ceilings, hydronic heated floors, recreation room, a second kitchen & ensuite bedroom - providing additional living space and privacy for the entire family. Your story begins here, at this simply beautiful home that expertly integrates personal peace and high luxury.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$2,958,400
Land Transfer Taxes$78,925
Legal Fees (Est.)
$
Total cash required for closing$820,025

Total Monthly Obligation

$15,987/mo
Mortgage $14,917
Monthly Loss $12,062
Principal$3,925
Interest$10,991
Property Tax$696
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.6%16
10-Year IRR
7.8%
Returns Index
9.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$113,052/yr
NOI
$88,899/yr
Net Cash Flow
-$7,508/mo
Cash Margin
-79.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
0.6 mo13
Risk Index
11.9/ 100

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

Comparables

Properties near 229 Florence Avenue

Time

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