24 Cedarbank Crescent, Toronto C13

$2,299,000
24 Cedarbank Crescent

$2,299,000

New
3d
Detached2-Storey

24 Cedarbank Crescent, Toronto C13

Total Monthly Obligation $10,479

Beds
6
Baths
4
Park
3
Sqft
2500-3000
DOM
3d
Score
15
Yield
3.3%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-C14097094
Beds-6
Bathrooms-4
Size-2500-3000 sqft
Lot Size-53 × 129.91 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,961 (2025)
Parking-3 - None
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 - 90 days
Neighbourhood-Banbury-Don Mills
Title-Residential Freehold

No agent assigned

Welcome to this exceptional 5+1 bedroom, 4 bathroom residence offering over 2,500 square feet of bright living space plus a fully finished walk-out lower level. Situated on a premium ravine lot that expands to over 61 feet wide at the rear, this home is tucked away on a quiet, peaceful street in the highly sought after Don Mills community. Step inside to a spacious main floor featuring high ceilings and a versatile layout. The main level includes a convenient bedroom that functions perfectly as a dedicated home office. Gather in the light-filled living room, centred around a cozy wood-burning fireplace. The heart of the home is the expansive eat-in kitchen, complete with built-in bench seating. From the living room and kitchen, walk straight out to a large, east-facing deck-the perfect spot for morning coffee overlooking the private yard and mature ravine trees.The upper level features four well-proportioned bedrooms, including a primary retreat equipped with a luxury ensuite bathroom with heated floors, offering serene views of the backyard. A dedicated second floor laundry room adds daily convenience, alongside three additional spacious bedrooms.The fully finished walk-out lower level expands your living space. The massive family room features a second wood-burning fireplace, creating a warm ambiance. Step through the glass doors directly onto a covered patio, where you can unwind in your private hot tub while taking in the peaceful ravine backdrop. The additional lower level bedroom offers excellent flexibility for guests and the expansive recreation room is a perfect fitness room or hobby space. Located close to great public and private schools. With the DVP and TTC close by, commuting is seamless. Enjoy incredible convenience with the nearby Shops of Don Mills, providing premium dining, entertainment, and shopping just minutes from your front door. This ravine property perfectly blends urban accessibility with private, natural serenity.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,839,200
Land Transfer Taxes$43,950
Legal Fees (Est.)
$
Total cash required for closing$505,250

Total Monthly Obligation

$10,479/mo
Mortgage $9,274
Monthly Loss $8,038
Principal$2,440
Interest$6,833
Property Tax$830
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.4%16
10-Year IRR
7.7%
Returns Index
9.2/ 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
$75,864/yr
NOI
$53,817/yr
Net Cash Flow
-$4,789/mo
Cash Margin
-75.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.9/ 100

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

Comparables

Properties near 24 Cedarbank Crescent

Time

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