42 Heathview Avenue, Toronto C15

$2,988,000
42 Heathview Avenue

$2,988,000

New
9d
DetachedBungalow

42 Heathview Avenue, Toronto C15

Total Monthly Obligation $13,728

Beds
4
Baths
3
Park
6
Sqft
2500-3000
DOM
9d
Score
13
Yield
2.2%
Cash on Cash
-14.0%
Cap Rate
1.6%
5Y IRR
4.7%
10Y IRR
6.2%
Property Type-Detached
MLS® Number-C14030448
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-64.47 × 236.64 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Taxes-$15,599 (2026)
Parking-8 - Built-In
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTY SPECIALISTS INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground, Outdoor, Salt
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block, Concrete
Sewer-Sewer
Possession-60-90 Days TBA
Neighbourhood-Bayview Village
Title-Residential Freehold

No agent assigned

RENOVATED 4BR RANCH BUNGALOW SITUATED ON A 1/3 ACRE (64.47'X 236') RAVINE LOT W/ HEATED INGROUND SALTWATER POOL!!!! Enjoy Unparalleled Privacy Surrounded By Lush Greenery And Mature Trees. This Renovated Four-Bedroom Ranch Bungalow Features Spacious Principal Rooms Bathed In Natural Light From Large Windows And Multiple Skylights. Nearly Every Room Offers Picturesque Views Of The Rear Gardens And Ravine. The Gourmet Kitchen Is Equipped With Stainless Steel Appliances, Quartz Counters, And A Breakfast Area Overlooking The Pool/Ravine. Tranquil Primary Suite With Walk In Closet And 6 Piece Spa Inspired Ensuite With Steam Shower and Heated Flooring. The Home Offers A Seamless Transition Between Indoor And Outdoor Living, With Direct Access To The Rear Gardens From The Living Room, Dining Room, And Lower Level, Making It An Entertainer's Dream. The Lower Level Provides A Recreation Area With A Gas Fireplace And A Walkout To The Rear Gardens, A 1000-Bottle Temperature-Controlled Wine Cellar, Two Additional Bedrooms, An Oversized Laundry Room, And Ample Storage. The Magnificent Rear Gardens Are An Oasis, Featuring A Heated Saltwater In-Ground Pool, Inground Sprinkler System on Wifi, Hot Tub, Stone Sitting Area, And An Upper Terrace. Multiple Skylights, Convenient Central Vacuum, Heated Flooring. Main Floor Freshly Painted. New Garage Door, New Front Door And Pot Lights In 2024. Conveniently Located in the Highly Sought After Bayview Village, Close to All Amenities !!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$2,390,400
Land Transfer Taxes$61,175
Legal Fees (Est.)
$
Total cash required for closing$660,275

Total Monthly Obligation

$13,728/mo
Mortgage $12,053
Monthly Loss $10,556
Principal$3,172
Interest$8,881
Property Tax$1,300
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.3%9
Cash-on-Cash
-16.4%0
5-Year IRR
2.8%6
10-Year IRR
5.0%
Returns Index
4.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
13/ 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
$66,156/yr
NOI
$39,441/yr
Net Cash Flow
-$8,766/mo
Cash Margin
-159.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.272
LTV Ratio
80.0%18
Vacancy Buffer
0.7 mo14
Risk Index
11.3/ 100

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

Comparables

Properties near 42 Heathview Avenue

Time

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