30 Melchior Drive, Toronto E10

$950,000
30 Melchior Drive

$950,000

New
28d
DetachedBungaloft

30 Melchior Drive, Toronto E10

Total Monthly Obligation $4,533

Beds
6
Baths
4
Park
2
Sqft
700-1100
DOM
28d
Score
17
Yield
4.1%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-E13830568
Beds-6
Bathrooms-4
Size-700-1100 sqft
Lot Size-50 × 101.58 ft
Listed on site-Sep 25, 2026
Style-Bungaloft
Building Type-Detached
Taxes-$3,906 (2025)
Parking-3 - Attached
Basement-Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Shingles
Foundation-Concrete, Brick
Sewer-Sewer
Possession-Immediate
Neighbourhood-West Hill
Title-Residential Freehold

No agent assigned

Welcome to this beautifully renovated 3+3 bedroom, 2+2 bathroom detached bungalow in the desirable West Hill community, conveniently located near Morningside Avenue and Lawrence Avenue East. This versatile property is an excellent opportunity for first-time homebuyers, multi-generational families, and investors alike. The home has been extensively upgraded, including: 200-amp electrical service, roof replaced in 2019, hot water tank replaced in 2022, furnace replaced in 2023, two separate laundry areas, one on the main floor and one in the basement, multiple kitchens and bathrooms providing excellent functionality and flexibility. Located in a convenient and well-connected neighbourhood, the property is close to schools, parks, recreation facilities, public transit, healthcare services, fire and police stations, shopping, and other everyday amenities. Whether you're looking for a comfortable family home with additional living space or an investment property with strong rental potential, this home is worth seeing in person. This could be the dream home or investment opportunity you've been waiting for!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$760,000
Land Transfer Taxes$15,475
Legal Fees (Est.)
$
Total cash required for closing$206,975

Total Monthly Obligation

$4,533/mo
Mortgage $3,832
Monthly Loss $3,524
Principal$1,008
Interest$2,824
Property Tax$326
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.6%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
13.0/ 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
$38,748/yr
NOI
$26,467/yr
Net Cash Flow
-$1,626/mo
Cash Margin
-50.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.3/ 100

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

Comparables

Properties near 30 Melchior Drive

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.