70 Devondale Avenue, Toronto C07

$2,800,000
70 Devondale Avenue

$2,800,000

Price Change
24d
Detached2-Storey

70 Devondale Avenue, Toronto C07

Total Monthly Obligation $12,612

Beds
6
Baths
6
Park
8
Sqft
3500-5000
DOM
24d
Score
14
Yield
2.9%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-C13839926
Beds-6
Bathrooms-6
Size-3500-5000 sqft
Lot Size-51.16 × 171.58 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$11,311 (2025)
Parking-10 - Attached
Basement-Apartment, Finished, Finished with Walk-Out, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Newtonbrook West
Title-Residential Freehold

No agent assigned

Welcome to 70 Devondale Avenue. This custom-built modern marvel, completed in 2022, is nestled in a quiet, coveted enclave offering the ultimate blend of suburban tranquility and urban convenience. Close to top schools, parks, and shops, this family home features soaring ceilings throughout, abundant natural light, and a highly functional layout with expansive principal rooms and clean architectural lines. The main level welcomes you with a gracious entrance flanked by a bright library and powder room, leading to an open living space where natural light cascades through floor-to-ceiling glass. The gourmet kitchen features a premier JennAir appliance suite including a 6-element gas cooktop with pot filler, double-door fridge/freezer, integrated wall oven, and built-in espresso machine, while a large center island offers a second sink, storage, and seating. A walk-out to the gorgeous deck and garden allows for seamless indoor-outdoor entertaining. The dining room is separated from the kitchen by a dramatic two-sided fireplace, and the living room boasts a dramatically lit media wall complete with a second gas fireplace. Floating stairs lead to four incredibly well-appointed bedrooms, each with its own ensuite bathroom featuring heated floors, towel warmers, massive windows, and walk-in closets. The primary bedroom is adorned with a gorgeous 5-piece spa bath with a deep soaker tub. The completely self-contained lower level boasts a full contemporary kitchen, dining and entertainment area with a fireplace, a bedroom, a 4-piece bath, a second laundry suite, heated floors, and a walk-out to a dining terrace. The rear garden offers an exceptional and elevated leisure lifestyle complete with a dry sauna and an 8-person hot swim spa. A heated 8-car driveway leads to a 2-car garage with direct access to the mudroom. The property is outfitted with an advanced security system and an integrated sound system throughout. See feature sheet for all luxurious details.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$2,240,000
Land Transfer Taxes$56,475
Legal Fees (Est.)
$
Total cash required for closing$617,975

Total Monthly Obligation

$12,612/mo
Mortgage $11,294
Monthly Loss $9,640
Principal$2,972
Interest$8,322
Property Tax$943
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.5%12
10-Year IRR
7.0%
Returns Index
7.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$82,332/yr
NOI
$58,288/yr
Net Cash Flow
-$6,437/mo
Cash Margin
-93.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
12.1/ 100

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

Comparables

Properties near 70 Devondale 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.