256 Erskine Avenue, Toronto C10

$1,998,000
256 Erskine Avenue

$1,998,000

New
15d
Detached2-Storey

256 Erskine Avenue, Toronto C10

Total Monthly Obligation $9,257

HausQ Valuation Report
Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
15d
Score
16
Yield
3.7%
Cash on Cash
-7.3%
Cap Rate
3.0%
5Y IRR
9.8%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-C13875188
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25 × 130 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,875.3 (2026)
Parking-3 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Stucco (Plaster)
Roof-Flat
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate/TBA
Neighbourhood-Mount Pleasant East
Title-Residential Freehold

No agent assigned

Stunning family home nestled in the coveted Sherwood Park neighbourhood in midtown Toronto! Beautiful eat-in kitchen boasts a breakfast bar, Wolf gas stove, pot lights and a picturesque bay window. Formal dining room opens to an inviting family room with gas fireplace and a walk-out to the rear gardens. Finished lower level with high ceilings is perfect for entertaining or a home office. Bright and spacious principal rooms have been professionally painted in a neutral designer palette. Other notable features include 3 large bedrooms, 3 spa-inspired bathrooms, gleaming hardwood floors, skylights, new roof and a new deck. Built-in garage has plenty of storage space and the private driveway can accommodate additional 2 cars. Conveniently located close to the subway, outstanding schools, trendy dining, shopping and parks. Welcome Home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,598,400
Land Transfer Taxes$36,435
Legal Fees (Est.)
$
Total cash required for closing$437,535

Total Monthly Obligation

$9,257/mo
Mortgage $8,059
Monthly Loss $7,137
Principal$2,121
Interest$5,939
Property Tax$823
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.3%20
10-Year IRR
8.5%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$73,632/yr
NOI
$51,893/yr
Net Cash Flow
-$3,735/mo
Cash Margin
-60.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
13.7/ 100

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

Comparables

Properties near 256 Erskine 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.