28 Fermoy Road, Toronto E08

$909,000
28 Fermoy Road

$909,000

New
25d
DetachedBungalow

28 Fermoy Road, Toronto E08

Total Monthly Obligation $4,434

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
21
Yield
5.3%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-E13834780
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-56 × 99.66 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,706 (2025)
Parking-4 - Attached
Basement-Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-60/90 Days TBA
Neighbourhood-Cliffcrest
Title-Residential Freehold

No agent assigned

Welcome to 28 Fermoy Road! A rare raised-ranch bungalow in the sought-after Cliffcrest community, situated on a beautiful oversized 56 x 99.66 ft corner lot with a double car garage. Bright and spacious throughout, this home offers generous principal rooms, a functional layout and excellent potential for families, multi-generational living or those looking for additional living space. The eat-in kitchen was completely renovated in 2023 and features quartz countertops, abundant cabinetry and generous preparation space. Two separate walkouts provide excellent access to the outdoors, including a patio door from the dining room and a secondary entrance to the lower level from the rear of the property. The spacious basement features large rooms and a 4-piece bathroom, offering excellent flexibility for a growing family, teenagers or guests. Numerous updates include a new fence and electrical panel (2023), front door and windows (2017), and roof (2014). The spacious corner lot provides plenty of outdoor space and added privacy, while the double garage offers excellent parking and storage. Located on a quiet, family-friendly street in the heart of Cliffcrest, close to R.H. King Academy and other excellent schools, parks, trails and the beautiful and scenic Scarborough Bluffs are just minutes away. Enjoy easy access to Kingston Road's shops, restaurants and everyday amenities, with the GO Station nearby for a convenient commute downtown. A wonderful opportunity to own a spacious family home in one of Scarborough's established and highly desirable neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$727,200
Land Transfer Taxes$14,655
Legal Fees (Est.)
$
Total cash required for closing$197,955

Total Monthly Obligation

$4,434/mo
Mortgage $3,667
Monthly Loss $3,469
Principal$965
Interest$2,702
Property Tax$392
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.6%47
10-Year IRR
11.8%
Returns Index
24.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$48,216/yr
NOI
$34,188/yr
Net Cash Flow
-$818/mo
Cash Margin
-20.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
21.7/ 100

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

Comparables

Properties near 28 Fermoy Road

Time

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Data last updated within the past 24 hours.