87 Palmerston Avenue, Toronto C01

$1,539,000
87 Palmerston Avenue

$1,539,000

New
8d
Semi-Detached 2-Storey

87 Palmerston Avenue, Toronto C01

Total Monthly Obligation $7,176

Beds
3
Baths
4
Park
1.5
Sqft
1100-1500
DOM
8d
Score
17
Yield
4.1%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Semi-Detached
MLS® Number-C14081926
Beds-3
Bathrooms-4
Size-1100-1500 sqft
Lot Size-15.75 × 121.5 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$7,120.65 (2026)
Parking-1.5 - Detached
Basement-Finished, Separate Entrance, Walk-Up
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Front, Aluminum Siding
Roof-Flat, Shingles
Foundation-Unknown
Sewer-Sewer
Possession-TBA
Neighbourhood-Trinity-Bellwoods
Title-Residential Freehold

No agent assigned

Rebuilt from the Studs in 2025. Semi on Palmerston with CN Tower Views, Garage, Walkout, 3+1 Beds and 4 Baths. Fully gutted and rebuilt in 2025, all permits closed, pre-list home inspection available. 3+1 bed, 4 bath semi with garage, separate rear entrance to the lower level and direct CN Tower views from the kitchen and rear bedroom. Everything is new: 200 amp electrical with knob and tube removed, plumbing, HVAC and ductwork, furnace, owned water heater, roof and roof structure, windows and doors, insulation, drywall, full asbestos abatement with clean air test. This is the house you buy when you don't want to renovate. Main floor opened up with a new support beam and 9.5 foot ceilings. Wide living and dining into a kitchen with quartz counters, large island, premium stainless appliances and a walkout to the yard. Main floor powder room and a separate side entrance. Three bedrooms up with new flooring and custom blinds. Primary with built-in wardrobe and ensuite with glass shower and double vanity. Second full bath up, linen closet in the hall, tempered reinforced glass railing. Finished open-concept lower level with its own rear entrance, enlarged window and window well, full bath and laundry. Rough-ins for a second kitchen and second laundry already in place. In-law suite, gym, rec room, or add the kitchen for income. Fully waterproofed with battery backup sump and backflow valve. Front and back fully landscaped: natural stone walkway and porch, new sod and lighting, new fencing, stone patio, garden beds, gas line for BBQ. Garage with new automatic door and dedicated electrical panel. Quiet tree-lined block steps to Trinity Bellwoods Park, Queen West, Dundas West and the Bathurst streetcar. Everything is new, extremely bright and beautiful, nothing to do but move in and enjoy!

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

Closing Costs

Mortgage Amount
$1,231,200
Land Transfer Taxes$27,255
Legal Fees (Est.)
$
Total cash required for closing$336,555

Total Monthly Obligation

$7,176/mo
Mortgage $6,208
Monthly Loss $5,543
Principal$1,634
Interest$4,574
Property Tax$593
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.4%26
10-Year IRR
9.3%
Returns Index
14.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$62,520/yr
NOI
$44,647/yr
Net Cash Flow
-$2,487/mo
Cash Margin
-47.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
15.4/ 100

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

Comparables

Properties near 87 Palmerston 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.