231 Heath Street E, Toronto C09

$2,225,000
231 Heath Street E

$2,225,000

New
23d
Detached2-Storey

231 Heath Street E, Toronto C09

Total Monthly Obligation $10,261

Beds
4
Baths
2
Park
1
Sqft
1500-2000
DOM
23d
Score
14
Yield
2.7%
Cash on Cash
-11.8%
Cap Rate
2.0%
5Y IRR
6.4%
10Y IRR
7.5%
Property Type-Detached
MLS® Number-C13845870
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-25 × 140 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$10,934.18 (2026)
Parking-1 - None
Basement-Finished
Heating-Water (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Wood, Living Room
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-Immediate
Neighbourhood-Rosedale-Moore Park
Title-Residential Freehold

No agent assigned

Welcome to 231 Heath Street East, a beautifully renovated detached home set on a generous 25 x 140 foot lot in leafy Moore Park. A large covered front porch opens to bright and inviting interiors with engineered hardwood floors, generous principal rooms and an open concept living and dining area anchored by a classic wood burning fireplace. The brand new kitchen features abundant cabinetry, excellent counter space, a centre island and premium appliances, while the spacious rear family room is filled with natural light and opens directly to a large deck and expansive south backyard, ideal for everyday living and entertaining. A welcoming and spacious entry, plus convenient coat closet complete the main floor. The second floor offers three well proportioned bedrooms, including a generous primary bedroom with Juliette balcony, plus a stylish four piece bathroom. The finished lower level adds valuable flexibility with an additional bedroom, recreation room or home office, a three piece bathroom, laundry and a separate side entrance. Licensed front pad parking completes this inviting home in one of Toronto's most sought after neighbourhoods. Enjoy nearby ravine trails, parks, highly rated public and private schools (OLPH & Deer Park) and more. A short walk to the shops, cafes and restaurants at Yonge and St. Clair, with convenient access to transit and downtown.

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%
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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$1,780,000
Land Transfer Taxes$42,100
Legal Fees (Est.)
$
Total cash required for closing$488,600

Total Monthly Obligation

$10,261/mo
Mortgage $8,975
Monthly Loss $7,899
Principal$2,362
Interest$6,613
Property Tax$911
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.2%9
10-Year IRR
6.1%
Returns Index
5.7/ 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
$59,700/yr
NOI
$38,296/yr
Net Cash Flow
-$5,784/mo
Cash Margin
-116.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo16
Risk Index
12.4/ 100

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

Comparables

Properties near 231 Heath Street E

Time

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