78 Melchior Drive, Toronto E10

$820,000
78 Melchior Drive

$820,000

New
29d
DetachedBungalow

78 Melchior Drive, Toronto E10

Total Monthly Obligation $4,004

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
29d
Score
20
Yield
5.1%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-E13822284
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 135 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,859.57 (2026)
Parking-4 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ONE PERCENT REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-West Hill
Title-Residential Freehold

No agent assigned

***Separate Entrance With 4 Cars Parking Spaces***Welcome to 78 Melchior Dr, a charming bungalow situated on a generous lot in Scarborough. This home features a freshly painted main floor and a newly renovated main-floor washroom completed in April 2026, Kitchen Faucet And Dish Washer 2026. The spacious driveway provides parking for up to 3 vehicles, while the very large backyard offers plenty of outdoor space for family gatherings, entertaining, gardening, or simply enjoying your own private retreat. Conveniently located close to schools, parks, shopping, transit and everyday amenities. A wonderful opportunity for first-time buyers, downsizers, families or investors looking for a well-located Scarborough home with excellent outdoor space.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$656,000
Land Transfer Taxes$12,875
Legal Fees (Est.)
$
Total cash required for closing$178,375

Total Monthly Obligation

$4,004/mo
Mortgage $3,308
Monthly Loss $3,134
Principal$870
Interest$2,437
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.9%42
10-Year IRR
11.2%
Returns Index
21.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$41,664/yr
NOI
$29,138/yr
Net Cash Flow
-$879/mo
Cash Margin
-25.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
22.5/ 100

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

Comparables

Properties near 78 Melchior Drive

Time

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Data last updated within the past 24 hours.