194 Florence Avenue, Toronto C07

$1,250,000
194 Florence Avenue

$1,250,000

New
24d
DetachedBungalow-Raised

194 Florence Avenue, Toronto C07

Total Monthly Obligation $6,066

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
24d
Score
15
Yield
3.3%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-C13838294
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-40 × 130 ft
Listed on site-Sep 29, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-51-99
Taxes-$7,789.72 (2025)
Parking-3 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PLATINUM PIN REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lansing-Westgate
Title-Residential Freehold

No agent assigned

Priced to Sell! You could not Ask for a Better Location! A Short walk to Yonge/Sheppard Subway, Shops, Restaurants and Nightlife. Newly updated 2Bedroom/2 Full Bath Solid Brick Bungalow with Single Car Garage is a great alternative to condo living or as entry level home into this highly desirable area. Either way, this home will offer you a large Living Area along with a Separate Updated Kitchen / Dining Area. There are 2 Good Sized Bedrooms on the main floor and a newly updated 4PC Bathroom. A Separate Side Entrance leads to a High/Bright Basement with a Kitchenette, Large Rec Room, Separate Bedroom and newly updated 4PC bath. Ideal for growing family or to convert to a potential rental suite. This home offers many opportunities to invest, live in/rent out or build your dream home on this premium 40 x 130 foot mature landscaped lot. Steps to top-rated schools, parks, green spaces, places of worship, major highways, and public transit.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$6,066/mo
Mortgage $5,042
Monthly Loss $4,739
Principal$1,327
Interest$3,715
Property Tax$649
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.1%0
5-Year IRR
5.3%12
10-Year IRR
7.0%
Returns Index
7.3/ 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
$41,796/yr
NOI
$25,327/yr
Net Cash Flow
-$2,932/mo
Cash Margin
-84.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.5/ 100

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

Comparables

Properties near 194 Florence Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.