208 Carmichael Avenue, Toronto C04

$4,899,000
208 Carmichael Avenue

$4,899,000

New
22d
Detached3-Storey

208 Carmichael Avenue, Toronto C04

Total Monthly Obligation $22,157

Beds
8
Baths
7
Park
4
Sqft
5000 +
DOM
22d
Score
15
Yield
3.4%
Cash on Cash
-8.5%
Cap Rate
2.7%
5Y IRR
8.9%
10Y IRR
9.4%
Property Type-Detached
MLS® Number-C13850864
Beds-8
Bathrooms-7
Size-5000 + sqft
Lot Size-60 × 115 ft
Listed on site-Oct 1, 2026
Style-3-Storey
Building Type-Detached
Taxes-$24,244 (2025)
Parking-4 - Built-In
Basement-Finished with Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX PLUS CITY TEAM INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Indoor
Facing-North
Exterior-Brick, Stone
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Bedford Park-Nortown
Title-Residential Freehold

No agent assigned

Designed by acclaimed architect Richard Wengle, this extraordinary Bedford Park-Nortown estate showcases over 8,000 sq. ft. of impeccably finished living space, where timeless architecture, refined craftsmanship, and resort-inspired amenities converge in a single exceptional residence. A grand circular foyer introduces elegant principal rooms adorned with soaring 10-ft ceilings, rich custom millwork, a stunning mahogany-paneled library, and expansive living and dining spaces designed for both grand entertaining and comfortable family living. At the heart of the home, the chef-inspired kitchen seamlessly connects to the spacious family room and breakfast area before extending to a spectacular covered terrace, creating effortless indoor-outdoor living. A private elevator services all four levels. The upper floors feature a luxurious primary retreat with dual walk-in closets and a spa-inspired ensuite, complemented by four additional private bedroom retreats, each with a versatile loft, lounge, study, or additional living space. The walk-up lower level rivals a private resort, highlighted by a breathtaking indoor swimming pool with a lounge area, recreation and games rooms, a home gym, a private office, and a full bath with shower. Outdoors, professionally landscaped grounds offer multiple entertaining spaces, including a covered living room, covered dining area, gazebo-covered hot tub, fire table lounge, tiered stone terraces, mature trees, and exceptional privacy, creating an outdoor sanctuary for year-round enjoyment. Ideally situated in one of Toronto's most prestigious neighbourhoods, steps to premier public and private schools, Avenue Road's boutiques, cafes, and fine dining, with convenient access to downtown, major highways, and Pearson International Airport. A truly rare offering where exceptional design, luxury, wellness, and location converge.

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

Closing Costs

Mortgage Amount
$3,919,200
Land Transfer Taxes$108,950
Legal Fees (Est.)
$
Total cash required for closing$1,090,250

Total Monthly Obligation

$22,157/mo
Mortgage $19,761
Monthly Loss $16,956
Principal$5,200
Interest$14,561
Property Tax$2,020
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%14
Cash-on-Cash
-11.1%1
5-Year IRR
6.8%17
10-Year IRR
8.0%
Returns Index
10.0/ 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
$165,300/yr
NOI
$120,026/yr
Net Cash Flow
-$9,759/mo
Cash Margin
-70.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
0.4 mo11
Risk Index
11.5/ 100

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

Comparables

Properties near 208 Carmichael Avenue

Time

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